We covered the investment pressure created by CBAM’s definitive period in an earlier piece: energy efficiency, renewable capacity, measurement infrastructure — all of it needs money up front. That article looked at the World Bank’s Green Industry Project, delivered partly through KOSGEB and TÜBİTAK, and at EBRD GEFF. This time the subject is Türk Eximbank’s own lending: two green loan programs built specifically for exporters.
Both were signed in 2024, both carry a guarantee from an international development bank, and both point at the same problem: financing the green investment exporters need to absorb the shock of the EU’s Carbon Border Adjustment Mechanism.
Two loans, two sources, one purpose
According to Türk Eximbank’s official announcement, two separate green credit lines are running for exporters:
| Program | Source / guarantor | Total size | Focus |
|---|---|---|---|
| IBRD Green Export Support Loan | World Bank (IBRD) + counter-guarantee from the Ministry of Treasury and Finance | €1 billion | Energy efficiency, renewable energy and working capital for CBAM-exposed sectors |
| AIIB Green Infrastructure Support Loan | Guarantee from the Asian Infrastructure Investment Bank (AIIB) | $285.7 million | Rooftop and ground-mounted solar, wind farms, water and energy efficiency |
Both programs run through Türk Eximbank directly — the exporter applies to the bank, not through an intermediary commercial bank.
IBRD Green Export Support Loan: built around CBAM
This loan comes out of a €1 billion agreement signed on 7 May 2024. The World Bank (IBRD) provides a first-loss guarantee of €600 million, with the remainder backed by a counter-guarantee from Türkiye’s Ministry of Treasury and Finance.
The Ministry of Trade’s own announcement is direct about the purpose: supporting exporters’ green transformation investments and helping them absorb the difficulties CBAM is expected to create. On Eximbank’s own product page, the target group is described as firms operating in CBAM-exposed sectors.
Eligible spending broadly covers:
- Energy-efficiency equipment and process upgrades
- Solar and wind energy investments
- Working capital tied to exporters making these investments
Per-firm ceilings and specific application terms vary across sources — some put the cap around €10 million, others around €20 million. Confirm the current ceiling and cost terms directly with Eximbank before applying; conditions on loans like this are updated periodically.
AIIB Green Infrastructure Support Loan: renewable-heavy
The second program is a $285.7 million facility guaranteed by the Asian Infrastructure Investment Bank (AIIB). Per Eximbank’s announcement, the ceiling is $10 million for SMEs and $30 million for larger firms. $250 million of this facility was already drawn in the first half of 2025 — the program is active and clearly in demand.
Its focus is narrower and more concrete than the IBRD loan: rooftop or ground-mounted solar plants, wind farms, and water- and energy-efficiency projects. The target group is exporters and manufacturer-exporters; the loan is structured as medium- to long-term investment financing.
Who can apply, and how the process runs
Both programs put “exporter” at the center — the applicant firm is expected to actually export, or to manufacture for export. Beyond that, there isn’t a single fixed eligibility checklist; what gets assessed is the nature of the investment: renewable energy, energy efficiency, or the working capital that supports one of those.
In practice, the process runs like this:
- Submit an inquiry through Eximbank’s “Find the Right Solution” tool or directly via the loan’s product page.
- Describe the scope of the investment concretely — equipment, energy source, expected savings.
- Eximbank clarifies which program (IBRD or AIIB) fits the firm and what ceiling applies.
- Unlike a standard export loan, the file needs to demonstrate the “green” nature of the investment with numbers.
Step four is usually where most time goes. Saying “this is a green investment” isn’t enough — you need to show the expected energy or emissions impact as a figure.
Grant, loan, or both?
These two Eximbank programs work on a different logic than the KOSGEB component of the World Bank’s Green Industry Project we wrote about earlier: the KOSGEB side is a broad support framework for manufacturing SMEs, while Eximbank’s loans target exporters directly, with CBAM as the explicit driver. The two aren’t mutually exclusive — a firm can draw on KOSGEB’s maturity-based grant at one stage and on an Eximbank investment loan at another.
What they share is a requirement for measurable data in the application file. Without documented energy consumption, production volume, and, where relevant, an existing carbon footprint, neither a grant nor a loan application gets completed.
Preparing to apply: no data, no file
Most manufacturers get stuck at the same point: the investment idea is there, the intent is there, but the data infrastructure to show its impact isn’t. Energy consumption sits on meters that were never consolidated into one system; production data is scattered across shift logs and spreadsheets.
This is where İkiz Eksen’s approach comes in. First measurement: collecting energy and production data from the shop floor into a single source of truth, built on the digital transformation side through machine data collection and meter integration. Then moving it into software: structuring that data so it can actually support a loan or grant application — this backbone draws on Qera’s track record of 550+ clients, 100+ ERP deployments across 15+ sectors, and Microsoft Azure infrastructure. Last comes the compliance layer: setting up CBAM-specific emissions calculation and reporting on the green transition side.
We run these three steps as a single, turnkey engagement, nationwide. If you want to work out which credit or grant combination fits your CBAM-related investment, request a free assessment through our CBAM consulting page, or reach out directly through the contact form.
Frequently Asked Questions
Which firms can apply for Eximbank’s green loans?
The primary target group is firms that actually export or manufacture for export. The IBRD loan focuses on CBAM-exposed sectors; the AIIB loan targets exporters and manufacturer-exporters investing in renewable energy or efficiency. Confirm exact eligibility with Eximbank.
Do these loans cover the CBAM payment itself?
No. The loans don’t fund the CBAM certificate cost — they fund the investment (energy efficiency, renewable energy, lower-carbon production) that reduces how many certificates you’ll need. The certificate itself is purchased by the EU-based importer.
Can a firm use both KOSGEB support and an Eximbank loan?
In principle, yes — the programs have different purposes and mechanisms, so they don’t automatically exclude each other. Each still has its own budget and eligibility rules, and double-financing the same expense item is generally not accepted. Check with each institution for the exact rule.
How current are the loan amounts and ceilings in this article?
The figures here come from Eximbank’s 2025 announcement and its official product pages. Loan terms — ceilings, tenor, cost advantage — are updated periodically, so confirm the current terms at eximbank.gov.tr or with an Eximbank representative before applying.
What data do I need before I apply?
At minimum, a concrete picture of current energy consumption, production volume, and the expected impact (savings, emissions reduction) of the investment you’re planning. The more solid and traceable that data is, the stronger the application file.