Environmental, Social and Other Procedures
The environment issue has particular importance when TSKB provides facilities from international financial institutions it cooperates with. Both TSKB and the banks it cooperates with have been considerably sensitive in this issue and the procedures and methodologies to be followed during the phase of credit appraisals and reporting have been formed in the course of credit negotiations.
- “Environmental and Social Management Framework” pertaining to the “Inclusive Access to Finance Project (P163225)” that TSKB secured from the World Bank, is provided below.
“Environmental and Social Management Framework"
- Final “Environmental and Social Management Framework” document pertaining to the “Geothermal Development Project – Additional Financing (P172827)” that TSKB obtained from the World Bank is provided below.
“Environmental and Social Management Framework"
- Final “Resettlement Policy Framework” document pertaining to the “Geothermal Development Project – Additional Finance (P172827)” that TSKB obtained from the World Bank is provided below.
“Resettlement Policy Framework"
- “JBIC Procurement Guidelines” document pertaining to the Loan Agreement signed between TSKB and Japan Bank for International Cooperation (JBIC) is provided below.
“TSKB-AIIB Sustainable Energy and Infrastructure Phase 2 On-lending Facility: Policy Declaration”
TSKB signed a USD 200 million loan agreement with the Asian Infrastructure Investment Bank (AIIB) in 2022 to contribute to the Republic of Türkiye’s climate mitigation and adaptation goals in line with the Paris Agreement. Through this fund, TSKB will finance Türkiye’s investments in renewable energy, energy efficiency, climate change mitigation and adaptation as well as respective supporting industries.
The Asian Infrastructure Investment Bank (AIIB) Policy on the Project-Affected People’s Mechanism (PPM) is applicable for the projects that TSKB will finance under this loan agreement. Project-affected people may raise their concerns regarding the environmental and social aspects of an AIIB-financed Project with TSKB project level grievance redress mechanism and AIIB management. If the concerns cannot be addressed satisfactorily, you are welcome to submit your concerns to the PPM. Information about the PPM is available at How We Assist You - Project-Affected People’s Mechanism (aiib.org).
