Turkey Launches National Green Finance Strategy with 3 Objectives, 11 Targets, and 45 Actions

Turkey has unveiled its National Green Finance Strategy and Action Plan to the public, aiming to achieve 11 targets through 45 action steps scheduled for implementation in 2024 and 2025. The strategy is built around three core objectives: (1) supporting the development of green finance markets, (2) reducing the carbon footprint, and (3) promoting a sustainable investment culture. Within this framework, the 11 targets cover areas such as expanding green bond issuance, regulating carbon credit markets, and increasing access to green infrastructure projects. To strengthen the green dimension of financial instruments, the plan encourages the integration of ESG (Environmental, Social, and Governance) criteria into financial decision‑making processes. It also proposes the development of standards for identifying and measuring climate‑related risks within risk‑management frameworks. These measures are intended to boost investor interest in green assets, thereby enhancing market liquidity and financial sustainability. Implementation of the plan will accelerate Turkey’s integration into the international green finance ecosystem and broaden sustainable investment opportunities. Investors can expect the emergence of new financial products and the restructuring of existing asset classes to align with green criteria. These developments are expected to support long‑term economic growth while ensuring a balanced progression of environmental goals. This is not investment advice.