IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Turkey and AIIB Sign Environmental Cleanup Deal

Turkey and the Asian Infrastructure Investment Bank signed a cooperation agreement to support environmental investments. The initial phase focuses on a 400 million euro package for Marmara Sea wastewater projects.

Murat Kurum, the president of the 2026 United Nations Climate Change Conference (COP31), makes a speech, at a London Climate Week reception hosted by the Department for Energy Security and Net Zero (DESNZ), at St James's Palace, London, Britain, June 24, 2026. Yui Mok/Pool via REUTERS

Turkey signed a €400 million ($465 million) environmental cooperation deal with the Asian Infrastructure Investment Bank on Friday afternoon. The agreement targets urban infrastructure and climate change initiatives.