Financial Times wrote: The fund crisis may affect Turkey's search for $300 billion in external financing

A $20 billion fund scandal in Turkey has damaged investor confidence and could complicate the country’s access to roughly $300 billion in climate and energy transition financing, the Financial Times reported. The newspaper said Turkey needs about $300 billion to meet its climate and energy transition goals, and the fund crisis risks undermining the investor trust needed to attract that capital. The affair centers on a Turkish fund whose collapse has raised concerns about governance and oversight, though the FT’s focus is on the broader financing implications rather than the fund’s mechanics. The timing matters because Turkey is seeking large-scale international backing for renewable power, grid upgrades and decarbonization. What to watch next is whether Ankara tightens fund regulation and reassures foreign investors, and whether multilateral lenders and climate financiers adjust their commitments to Turkey.