Turkey launches $5 billion platform to decarbonize industries like steel and cement by 2030.

Turkey has launched the Türkiye Industrial Decarbonization Investment Platform (TIDIP) with support from international financial institutions. The platform aims to mobilize $5 billion by 2030 to decarbonize energy-intensive sectors like steel, cement, and fertilizers. This initiative seeks to reduce carbon emissions, enhance industrial competitiveness, and align Turkey with international climate goals.

November 25, 2024
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