EUR 150 million in new EIB support for climate action in Turkey

(EIB) - The European Investment Bank (EIB) is renewing its support for climate action in Turkey with a EUR 150 million loan for forest rehabilitation, afforestation and erosion control activities to take place in the period 2014-2015. This is a follow-up to previous EIB support of this kind in Turkey: a EUR 100 million operation signed in December 2012 for a project that is being implemented satisfactorily by the Ministry of Forestry and Water Works. The new operation builds on the previous one by giving greater emphasis to the improved quality of forest management. Turkey is one of the most erosion-prone countries in the world, due to its topography, climate, vulnerability of soil type and the tendency towards overexploitation of rangelands and forests ...Zum vollständigen Artikel

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