Türkiye unveils its 2040 green vision on global stage at COP31

Türkiye showcased its 2040 energy vision to global investors, presenting its long-term climate strategy at the 31st Conference of the Parties (COP31) UN Climate Change event held in Antalya.

Ankara targets a fourfold increase in both solar and wind energy capacities, which will require coordination among all public institutions.

Ahmet Burak Daglioglu, head of Türkiye’s Investment and Finance Office, told Anadolu that the office aims to increase cross-regional capital inflows into the country and expand its climate-friendly projects.

Speaking on the sidelines of the summit, Daglioglu said Ankara’s 2040 targets build on ongoing efforts since the country accelerated its renewable energy transition following the passage of a pivotal energy law in 2005.

“Türkiye is one of the countries with the highest share of renewable energy among peers worldwide,” he said.

Daglioglu said Türkiye is home to Togg, one of Europe’s largest electric vehicle (EV) manufacturers.

The rollout of the domestic auto brand marked a major milestone contributing to Türkiye’s broader electric mobility transition.

Daglioglu noted that the circular economy is a major agenda item worldwide and said the Zero Waste Project, led by Turkish first lady Emine Erdogan and launched in 2017, had achieved a high recycling rate.

“Türkiye secured many investment projects in recycling and upcycling, and has a story to tell in all sustainability-related goals,” he said. “The COP31 is a key platform to present this to the world as an example.”

He said institutions and investors funding climate-friendly and green projects play a key role in meeting capital needs through foreign direct investment (FDI).

“We make an effort every year to reach investors around the world, and bringing all these stakeholders here (to COP31) was a part of our President’s vision — Here, together with all our colleagues, we are preparing to share these success stories and our vision for the future with investors and financiers,” he added.