Turkey targets carbon neutrality by 2053, says Erdogan at COP29
Turkey targets carbon neutrality by 2053, says Erdogan at COP29
Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
Erdogan said the country is already implementing its national "net-zero emissions" project, which has so far reduced atmospheric emissions by 5.9 million tons of carbon dioxide (CO2) equivalent.
“By 2030, this plan will cut CO2 emissions by 100 million tons, and the share of renewable energy in our economy will reach 59%,” Erdogan stated. He also highlighted that Turkey plans to expand its wind and solar power capacity from 31 GW to 120 GW by 2035. In the nuclear sector, the country aims to achieve a capacity of 20 GW by 2050.
Erdogan noted that the Turkish government will soon introduce a new climate bill to parliament, which includes a carbon trading system. He emphasized that Turkey aspires to become a regional hub for carbon credit trading, positioning itself as a leader in the field.
Economics
-
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
-
Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
-
On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
-
In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
Leave a review