World Bank applauds Ankara's initiatives on climate change

Humberto Lopez, World Bank Country Director for Türkiye, highlights Türkiye's leadership in climate crisis and renewable energy initiatives.

On Türkiye’s 12th National Development Plan and the role of climate change in it, Lopez said the progress made in this area can be seen in Türkiye's activities. /Photo: AA
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On Türkiye’s 12th National Development Plan and the role of climate change in it, Lopez said the progress made in this area can be seen in Türkiye's activities. /Photo: AA

The World Bank's country director for Türkiye has praised its efforts to fight climate crisis, saying that initiatives in this field will also contribute to energy security.

At the opening ceremony of the Türkiye Carbon Market Development Project on Tuesday, Humberto Lopez mentioned that they had the opportunity to initiate an implementation program for market partnership.

Mehmet Ozhaseki, Turkish Minister of Environment, Urbanisation, and Climate Change, was also in attendance.

Pointing to the steps Türkiye has taken towards solving climate change and its leadership in this field, Lopez underscored that Türkiye comes first among 17 countries they are working for the World Bank’s Partnership for Market Implementation (PMI), adding: "I'm going to event after event where I'm highlighting the leadership that the country is showing in climate change.

"And I think that it has to be recognised for that . It's not only what you are doing, it's the leadership that you are showing as a country."

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Energy security, high efficiency

On Türkiye’s 12th National Development Plan and the role of climate change in it, Lopez said the progress made in this area can be seen in Türkiye's activities.

Pointing to Ankara's renewable energy initiatives, he said plans for these initiatives are positive and can help fight climate change.

Lopez also said these plans will contribute to energy security and high efficiency in the country.

He said that the World Bank has announced a package of $18 billion for Türkiye's activities in this field in the next three years, of which $12 billion are allocated to support the private sector.

Stating that they also have programs to support the fight against forest fires, the official said that they also work on issues such as water use, drought, and floods.

Stressing that they are trying to increase the intensity of energy sources with low carbon emissions, Lopez underlined: "This is going to be supporting the energy security of the country and reducing the cost."

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