The social development bank for Europe

Strengthening municipal resilience against natural disasters

  • Approval date

    30 September 2022

  • Borrower

    Ilbank

  • Country

    Türkiye

  • Loan size

    € 200 000 000

  • Line of action

    Environmental sustainability

  • Status

    In progress

This Public sector Financing Facility (PFF) will help strengthen municipal capacity to prepare for and respond to forest fires and other natural disasters. The PFF will part-finance the Borrower’s lending activities through direct on-lending up to 13 most affected municipalities in Türkiye.

Final beneficiaries: approximately 20 million people living in the disaster affected areas of selected municipalities in Türkiye.