In the first such gathering following the formation of the new Government, more than 200 top business executives and bankers – some of them from the most carbon-intensive sectors of the economy – gathered today in Istanbul to exchange views on the efforts needed to ensure a “green transformation” in Türkiye.

The “Climate Change Summit 2023: Green Transformation” was organized by the Capital and Economist magazines in cooperation with the Türkiye’s Ministry of Environment, Urbanization and Climate Change and the United Nations Development Programme (UNDP).

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Türkiye could increase its GDP by as much as US$8 billion per year, create more than 300,000 new jobs by 2030, and reduce greenhouse gas emissions by 8 percent compared to the 2019 level – all by investing in renewable energy rather than continuing to rely on fossil fuels. These are the findings of a joint analysis released today in Ankara by the United Nations Development Programme (UNDP) and the International Labour Organization (ILO). Investing in wind and solar power to satisfy future energy needs would thus yield not only environmental benefits but also strong economic ones, in terms of growth, job creation and the trade balance.

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The Green OSB Concept, which has come to the fore in the business world’s agenda within the framework of the EU Green Agreement, offers solutions regarding the Green Transformation in Industry and the measures included in the harmonization package, and is supported by the Turkish Ytong, the building materials manufacturer.
By 2030, Carbon Emissions Should Be Reduced by 55%

Stating that the Green Transformation in the Industry will start with the OIZs, which are the planned industrial areas, Hinginar pointed out that the production sector has priority in terms of the Green Agreement, and said, “The issue of the Green Agreement is a detailed and broad issue.

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