Cop31: Turkey signs $5.1bn loan deals to boost green transition

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Deals with four multilateral development banks will support climate action, infrastructure resilience and small businesses Turkey signed 10 loan agreements worth $5.1bn with multilateral development banks on Thursday to accelerate its green transition. Speaking at the signing ceremony on the sidelines of the UN climate conference Cop31 in Antalya, Treasury and Finance Minister Mehmet Simsek said no country could finance the green transition alone. "No country's budget can meet the investment nee