Chapter 6 | PROJECTS
• Investments in energy efficiency, including building ret- rofits, process upgrades in industry and improvements in transmission and distribution networks.
weather events. The project rationale clearly articulates the intent to enhance climate resilience as reflected in the stated objective “to support the Republic of Türkiye’s transition to a low-carbon economy, while simultaneously enhancing its resilience to the adverse effects of climate change.”
• Investments in grid infrastructure improvements to ena- ble greater absorption of renewable energy into the pow- er system.
Adaptation-aligned activities include investments in:
• Circular economy initiatives that promote resource effi- ciency, waste reduction and recycling, reducing indirect emissions across supply chains.
• Urban water infrastructure upgrades
• Water efficiency measures in agriculture and industry
As these activities are directly aligned with mitigation objec- tives, the full allocation of ¤35 million for climate mitigation and ¤5 million for circular economy initiatives is classified as mitigation finance. Additionally, 50 percent of the climate industries allocation (¤2.5 million) is also classified as miti- gation finance. In total, mitigation finance amounts to ¤42.5 million or US$44.2 million.
• Water resource management, treatment and drainage systems
• Nature-based solutions, coastal resilience, flood protec- tion and disaster prevention
• Passive cooling, insulation and climate-resilient building techniques
Adaptation finance under the facility focuses on addressing Türkiye’s documented climate vulnerabilities such as increas- ing frequency of floods, droughts, wildfires and extreme
The full allocation of ¤5 million for climate adaptation qual- ifies as adaptation finance, in addition to 50 percent of the
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