The roadmap sets industry targets for reducing emissions in line with Turkey's net zero target for 2053, requiring a total of $70 billion in industrial investment.:
- Steel sector: 99% reduction in emissions - $31 billion
- Cement sector: 93% reduction - $30 billion
- Aluminum: 75% reduction - $5 billion
- Fertilizers: net negative emissions of $5 billion
Financial problems and policy solutions
The presentation identified key challenges in providing funds for a green transition.
At the government level, challenges include ensuring market certainty and the effective allocation of financial support, while solutions should focus on developing low-carbon investment plans, special incentive schemes based on efficiency and impact, and targeting public financing where it has the greatest impact.
At the corporate level, issues such as limited access to finance and capacity gaps in climate risk assessment need to be addressed through low-carbon strategies, sustainability-related loans, and innovative financial instruments tied to specific milestones.
