📋 Tender Overview
TCRS: 20555
Status: Approved
Location: Türkiye
Business Sector: Energy
Notice Type: Public
PSD Disclosed: 30 Apr 2025
Project Description
The Turkish authorities requested the EBRD’s support to develop a dedicated business platform aimed at mobilising investments needed to implement the roadmaps set out by Low Carbon Pathways for the progressive decarbonisation of the Turkish cement, fertilizer, aluminium, iron and steel sectors in line with the Turkish Government’s sustainable development and decarbonisation goals.
This follows extensive engagement with the Ministry of Industry and Technology (MoIT) in developing the said Low Carbon Pathways (LCPs). In March 2024, Türkiye has launched its Low-Carbon Pathways (LCPs) initiative, publishing the LCPs as action plans for the industrial sectors, highlighting the need for a sustainable decarbonisation, as well as sharing the technologies needed to achieve a Net-Zero target by 2053. The LCPs demonstrate that, in order to decarbonise and reach Net-Zero by 2053 the selected four sectors, require of investments of more than US$ 70 billion to reduce emissions by 135 million tonnes CO2eq annually.
As a result in November 2024, the MoIT and MDB Partners, all together called as TIDIP Parties, signed a Joint Declaration (JD) on establishing the Türkiye Industrial Decarbonisation Investment Platform (TIDIP) which is a significant step towards achieving the country’s net-zero ambitions. According to Joint Declaration, the parties intend to support projects, help mobilise financing and resources, including in grants and concessional resources to support its implementation, in line with the following indicative components and targets by 2030 currently estimated as:
The deployment of over EUR 100 million in Technical Assistance and concessional finance.
Over EUR 5 billion of decarbonisation projects under implementation in line with the objectives of TIDIP supported by finance from commercial banks and IFIs
Reduction of GHG emissions resulting from these investments of over 20 million tons CO2eq per year.
The TIDIP intends to holistically facilitate the country’s rapid, resilient and just low carbon transition in the industrial sector, in line with its climate and development goals. Initially, the platform will focus on the four key sectors but with potential expansion to other sectors based on national priorities and regulatory developments. TIDIP will be managed, supported and coordinated by the Secretariat that will be in place within 2025, while strategic guidance and oversight will be provided by a Steering Committee.
To support the implementation of LCPs for the individual proposed investments, an enhanced collaborative model that integrates multiple dimensions across the entire value of industrial decarbonization is foreseen focusing on key Investment Focus Areas (IFAs), that underpin the financing and policy direction of TIDIP, ensuring alignment with national decarbonization priorities
