Turkey receives 200 million euros from Germany

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So far, the Turkish government has refused to implement the 2016 Paris climate agreement. Now Erdogan has apparently struck a deal with other G20 countries.

According to insiders, a week after the ratification of the Paris Agreement, Turkey received a loan of billions for climate protection. People familiar with the plans said € 3.1 billion was to be provided by the World Bank, France and Germany.

Most of the money would be provided by the World Bank with two billion euros. France is packing up to a billion euros more, while Germany is expected to bring in just over 200 million euros. “An agreement has already been reached on the amount and the modalities, so Turkey has ratified the Paris Agreement,” said one of the insiders.

Controversy over Turkey’s status as an industrialized country

There are plans to sign a letter of intent on the loan deal this month and ahead of the UN climate summit in Scotland. Money should flow even if Turkey’s position does not change. So far, the Bosphorus country has been scheduled to be listed as a developed country in the Paris Climate Protection Agreement.

This classification is associated with stricter requirements than in developing countries. Erdogan has repeatedly viewed Turkey as a developing country and pointed to a relatively low share of global carbon dioxide emissions in recent decades.

Turkey was the last of the 20 major industrialized countries (G20) to ratify the Paris Agreement on climate change. The country signed the agreement in 2016. But it refused to confirm it because it was classified as a developed country. The climate agreement plans to limit global warming to a maximum of two degrees Celsius above pre-industrial values. One of the drivers of global warming is carbon dioxide, which occurs when fossil fuels such as natural gas and oil are burned.


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