04/12/2013 (Agence Europe) - EIB continues its support for climate action. On Tuesday 3 December, the European Investment Bank (EIB) announced that it would renew its support for climate action in Turkey with a €150 million loan for forest rehabilitation, afforestation and erosion control activities to take place in the period 2014-2015. This loan is a follow-up to a previous EIB loan of €100 million granted to Ankara in December 2012 for similar ends. The new EIB finance is expected to include erosion control activities on 155,600 hectares, the rehabilitation of 110,000 ha of degraded forest land, and new afforestation on 80,000 ha. It will also include investment in equipment and facilities to carry out these works and to facilitate improvements to the quality of forest management. The activities will take place around the country, focusing in particular on the most erosion-prone regions of the Anatolia peninsula. (OL/transl.fl)