LONDON, November 9, 2026 – The European Bank for Reconstruction and Development [EBRD] will use the COP31 United Nations Climate Change Conference in Antalya, Türkiye, to promote private-sector investment, policy reforms and partnerships aimed at accelerating the global transition to greener and more resilient economies.
The conference, which runs from November 9 to 20, will bring together world leaders, governments, businesses and development institutions to discuss climate action, with the EBRD seeking to translate climate commitments into tangible investments and practical implementation.
The Bank’s delegation will be led by its President, Odile Renaud-Basso, alongside Vice President for Policy and Partnerships Mark Bowman and Vice President for Banking Matteo Patrone, as well as senior officials from its climate, banking, and environmental and social teams.
The EBRD will also participate in a joint statement by multilateral development banks [MDBs], expected during the first week of the conference.
Renaud-Basso said Türkiye’s leadership as host of COP31 presented an opportunity to advance an ambitious climate agenda, adding that the Bank was ready to support the country’s priorities.
“Investing in energy efficiency, energy security, decarbonisation and electrification – all of which are so important for combatting climate change – remains at the core of what we do. Not despite the turbulent times we are in, but because of them,” she said.
She added that green investment was essential for maintaining business competitiveness and creating opportunities amid economic uncertainty.
“Green investment keeps our clients competitive, and their businesses running, when everything else is in flux. The green transition represents a valuable opportunity, and we are ready to support it,” Renaud-Basso said.
The Bank’s priorities at COP31 will include electrification, the energy transition, green industrialisation, climate adaptation and resilience, country investment platforms and mobilisation of private-sector finance.
Türkiye, one of the EBRD’s largest countries of operation, will feature prominently in the Bank’s programme. The institution has invested more than €26 billion in the country to date, including €14 billion in green finance, making it a major provider of climate financing.
At the summit, the EBRD will showcase investment initiatives aimed at reducing industrial carbon emissions, expanding renewable energy and strengthening the resilience of businesses and infrastructure while maintaining economic competitiveness.
One of the initiatives is the Türkiye Industrial Decarbonisation Investment Platform, developed in collaboration with the government and international partners. The platform aims to mobilise €5 billion in investment by 2030 to support the decarbonisation of the country’s industrial sector.
The EBRD delegation will also participate in the Leaders’ Summit, the COP31 Global Finance Summit, co-hosted by Bloomberg, the EBRD, the Glasgow Financial Alliance for Net Zero and the World Bank, and the COP31 Business and Investment Summit, organised by the Union of Chambers and Commodity Exchanges of Türkiye.
The Bank will further take part in discussions at the Joint MDB Pavilion and other conference venues.
With implementation expected to dominate discussions at COP31, the EBRD says achieving climate targets at scale will require increased mobilisation of private finance, supportive investment frameworks and stronger cooperation between governments and the private sector.
https://thecooperator.news/udb-commits-shs-200mln-to-ugandas-cop31-climate-campaign/
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