Antalya:Trkiye 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.
According to Anadolu Agency – English, 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 Trkiye's Investment and Finance Office, emphasized the office's aim to increase cross-regional capital inflows into the country and expand its climate-friendly projects.
Daglioglu highlighted that Ankara's 2040 targets build on efforts that began with the country's accelerated renewable energy transition following a pivotal energy law passed in 2005. He noted Trkiye's significant share of renewable energy among global peers and mentioned the country as home to Togg, a major European electric vehicle manufacturer, marking a milestone in Trkiye's electric mobility transition.
The circular economy, according to Daglioglu, is a major global agenda item, with the Zero Waste Project led by Turkish first lady Emine Erdogan achieving a high recycling rate since its launch in 2017. Trkiye has secured numerous investment projects in recycling and upcycling, with Daglioglu emphasizing the COP31 as a key platform to present these achievements to the world.
He further stressed the importance of institutions and investors funding climate-friendly projects, which play a crucial role in meeting capital needs through foreign direct investment. Daglioglu underscored efforts to reach investors globally and share Trkiye's success stories and future vision with financiers at COP31.