The Islamic Development Bank (IsDB) has announced its participation in developing the Sivas and Taşeli solar energy projects in Türkiye to advance clean energy initiatives. 

The announcement came during the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31) in Antalya, a Saudi Press Agency (SPA) report said.

The partnership was formalised through the signing of a letter of support for both projects on the sidelines of a high-level event titled “Growth for Every Economy,” held as part of the Leaders’ Summit. 

The event explored ways to mobilise investment and financing and attract private capital and international partnerships to develop renewable energy infrastructure and low-carbon technologies.—TradeArabia News Service