Climate Resilience in the Power Sector: Risk Assessment and Investment Needs



TCRS Number:


Business sector:

Sustainable Resources and Climate Change

Notice type:



TC Com approved

PSD disclosed:

30 Mar 2016

Project Description

The countries in the Mediterranean region are particularly exposed to climate change for various reasons. They are facing a steadily growing energy demand. At the same time, with a strong reliance on thermal power stations (and to some extent hydropower stations), they are likely to be exposed to reduced river runoff, increased seasonality and increased air/water temperatures, which are the main biophysical drivers impacting electricity generation. As a result, the vulnerability of the power sector is high with resulting increasing pressure on electricity costs and risk of shortages in the absence of effective mitigation and adaptation investments. In light of the growing challenges posed by climate change, it is important to identify future bottlenecks in the Turkish (and potentially other Mediterranean countries) energy sector and assess investments needs in order to increase the resilience of the sector. The proposed TC project will develop a robust approach to the topic and test the potential for investments in Turkey. Additionally, this work may be extended to other EBRD Countries of Operation subject to business need.

The Project is consistent with the Bank’s Sustainable Resource Initiative (“SRI”), approved by the Board on the 16th April 2013 (BDS13-52F), which aims at promoting the sustainable use of energy, materials and water resources. The first TC assignment is also consistent with the Strategy for Turkey, approved by the Board on the 14th October 2015.

Project Objectives

The EBRD gains a greater understanding of the potential for rehabilitation and climate resilience improvements of power plants in Turkey. The team also hopes to identify a number of viable potential climate resilience investments that the EBRD could finance.

TC Recipient Information

The Bank is the beneficiary of the TC Project.

Project Cost


Funding Summary

Funded by Delivering Resource Efficiency Investments in the Western Balkans and Turkey (DRIVE) Programme Account.

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

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Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email to get guidance and more information on IPAM and how to submit a request.

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