Turkey to complete green finance strategy by 2023: minister

The first global summit on economy and climate change kicked off in the Turkish capital Ankara on Wednesday, where issues of climate change and green transformation will be high on the agenda.

Minister of Environment, Urban Planning and Climate Change Murat Kurum, in a video message to the “Economy and Climate Change Summit” (EKO IKLIM), said that Turkey is about to complete the “National Green Financing Strategy”, which “we need for the net 2053″. -zero emission objective”, by the end of 2023.

“We will set up the climate-finance working group, composed of the private sector and academics, before the end of the first half of 2022,” he added.

The two-day summit, of which Anadolu Agency (AA) is the global communication partner, will be held at the Congresium Ankara ATO International Convention & Exhibition Center.

Along with Kurum, Vice President Fuat Oktay also sent a video message to the forum.

“Even though we have no historical responsibility for the emission of greenhouse gases, which is the main source of the problem experienced today, as one of the countries affected by these negativities, we take all necessary actions with the awareness of being responsible for the common future of our world,” Oktay said.

As a result, he went on to say, “We are reducing the use of traditional energy sources and positioning ourselves in a leadership position in our region.”

“We are increasing energy efficiency by popularizing renewable and clean energy sources. As Turkey, we put our signature on success stories in energy transformation, renewable energy and energy efficiency,” he said.

Oktay noted that financing clean energy, transforming industries in line with global green policies and strategies will be among the topics to be discussed at the event.

The event will also discuss carbon reduction policies, their economic effects on climate change efforts and government policies.

Former heads of state, ambassadors, public institutions and organizations, local governments, universities, companies and international organizations will be among the participants.

Global electric vehicle production base

Industry and Technology Minister Mustafa Varank, who attended the summit where Turkey’s first fully electric vehicle (EV) Togg was also on display, said that apart from the Togg, other global brands continue to invest in electric vehicles in Turkey.

“As you know, Ford is investing heavily in our country. Starting this month, they start production of fully electric commercial vehicles in Kocaeli (province). Many other brands are waiting for an opportunity to come to our country,” said The Minister.

Varank pointed out that Turkey will soon become a global production base for electric vehicles and we “can be sure of that”.

“We will increase our competitiveness in the automotive sector exponentially,” Varank said, thanks to the Togg project, which Turkey “achieved by investing in just-in-time and the right technology.”

“Togg will also be the pioneer of green transformation in the industry. Plant construction and vehicle development work is continuing at full speed as planned,” he said.

Meanwhile, the minister noted that even if Turkey “creates a carbon-neutral country, we cannot make the world liveable unless other countries take similar steps.”

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