The Asian Infrastructure Investment Bank (AIIB) and Türkiye İhracat Kredi Bankası A.Ş. (Türk Eximbank), Türkiye’s official export credit agency, have signed two sovereign-backed loans totalling USD300 million to support sustainable infrastructure investments and strengthen the resilience of Türkiye’s export-oriented private sector amid heightened external economic shocks and uncertainty.
Announced at COP31 in Antalya, the financing comprises complementary projects: a USD100 million loan to support sustainable infrastructure and green energy investments, and a USD200 million loan for economic resilience through liquidity support loans under AIIB’s Energy, Food Security and Economic Resilience Facility. Together, these loans aim to support Türkiye’s green transition while helping businesses withstand economic disruption and sustain their operations. The projects leverage Türk Eximbank’s established financing channels to direct funding toward eligible beneficiaries.
“Designed to advance Türkiye’s climate goals while addressing near‑term economic pressures, the loans will direct financing to viable green projects and support Türkiye’s export businesses as they shift to a low‑carbon economy,” said Kim‑See Lim, AIIB’s Chief Investment Officer responsible for financial intermediaries and funds clients. “This two-pronged financing draws on our proven delivery framework with our partner, Türk Eximbank, and significantly contributes to the advancement of AIIB’s multi-year rolling program with Türkiye.”
Representing AIIB at COP31, Ajay Bhushan Pandey, Vice President, Investment Solutions, said: “This project demonstrates our commitment to accelerating Türkiye’s green transition while strengthening economic resilience and supporting sustainable, inclusive growth. This fourth financing with Türk Eximbank reflects the strength of our long-standing partnership and our shared goals.”
Ali Güney, CEO of Türk Eximbank, said: “Our long-lasting collaboration with AIIB, initiated during the COVID-19 pandemic, laid the foundations for a productive partnership in supporting Turkish exporters particularly in renewable energy generation, green infrastructure, and economic resilience projects. Building on these achievements, we are now, with these two new agreements, taking our cooperation a step further with the support of the Ministry of Treasury and Finance of the Republic of Türkiye.”
The sustainable infrastructure loan will provide long-term financing to eligible private-sector entities in Türkiye for investments in renewable energy, energy storage, energy efficiency, clean mobility and climate adaptation. This USD100 million financing aims to help mobilize capital for green and climate-resilient projects, advance Türkiye’s climate commitments under the Paris Agreement, support the adoption of green technologies and reduce dependence on imported fuels. It will also help prepare Türkiye’s export sector for the European Union’s Carbon Border Adjustment Mechanism (CBAM).
The economic resilience loan will provide liquidity support loans to eligible businesses, including small and medium-sized enterprises. This USD200 million financing will help businesses maintain continuity and navigate external economic shocks. A portion of the financing will be earmarked for eligible borrowers in the 11 provinces affected by the 2023 earthquakes, helping mitigate the long-term economic impacts of the disaster.
About Türk Eximbank
Established in 1987 and wholly owned by Türkiye’s Ministry of Treasury and Finance, Türk Eximbank is Türkiye’s official export credit agency. Türk Eximbank plays a central role in supporting the country’s export sector and international trade competitiveness, supporting the country’s export sector through affordable financing, export credit insurance and international credit and guarantee programmes. Türk Eximbank serves a broad range of businesses, from domestic manufacturers and exporters to international contractors and service providers, helping them access finance, manage commercial and political risks, and strengthen their competitiveness in global markets. Through export credit, guarantees and insurance programmes, the bank provides financing to businesses of different sizes, including exporters, contractors and investors.
About AIIB
The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing “Infrastructure for Tomorrow,” with sustainability at its core. AIIB began operations in 2016, now has 111 approved members worldwide, is capitalized at USD100 billion, and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity.
