The European Investment Bank signed, on 3 February, a €75 million agreement with Turkiye Vakiflar Bankasi A.S. to support climate-related investments by small and medium-sized enterprises across Turkey. The funding is in the form of a framework loan provided jointly with the European Bank for Reconstruction and Development. The EIB loan will facilitate support in Turkey for numerous small and mid-sized investments in projects related to renewable energy, industrial energy efficiency and waste-to-energy projects. These private sector initiatives will help guarantee the country’s energy security.