GEO: Turkey Geofund

To address barriers to geothermal markets in Turkey thourgh technical assistance and Geologica Risk Mitigation. The increase of geothermal energy use by developing and implementing four financially viable projects in Turkey will help to accelerate the use of geothermal energy, build private-sector confidence in investing in this resource and and offering geological risk insurance, and demonstrate to the regulatory bodies at national and local government levels approaches to address geothermal resource risks cost effectively. Through this project direct GHG emission reductions of 18.4 million tons over a 20-year investment lifetime will be achieved.