Türkiye Socially Inclusive Green Transition Project

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The development objective of the Socially Inclusive Green Transition Project for Türkiye is to improve women and youth economic opportunities to contribute to and benefit from the green transition. The project comprises of four components. The first component, support for inclusive and green investments and entrepreneurship focuses on the provision of reimbursable financing and grants for activities contributing to the green transition, while supporting improved access to economic opportunities for women and youth. It consists of following sub-components: (i) inclusive and green reimbursable financing; and (ii) inclusive and green grants. The second component, inclusive and green community economic facilities will support local investments in facilities through the establishment of green and inclusive economic opportunities. The third component, project management and capacity strengthening will cover regional green economic opportunities and challenges analyses, capacity strengthening activities, communications and awareness raising, and project management. It consists of following sub-components: (i) green economic opportunities and challenges analysis; (ii) capacity strengthening; and (iii) project management. The fourth component, contingency emergency response component (CERC) will allow the Government to respond promptly and effectively to an eligible emergency or crisis, which is a natural or human-made disaster or crisis that has caused or is likely to imminently cause a major adverse economic and or social impact by requesting a rapid reallocation of project funds.