Measuring the Risks of Stranded Assets in the Transition to a Decarbonized Economy
Turkey’s lack of a strategy for carbon-intensive sectors in emission mitigation carries the risk of a sudden and costly exit that would spread across the economy. Planning for a gradual exit allows these risks to be managed. Stranded assets arise when existing economic assets lose their potential to generate intra-sectoral added value in a way […]
New Report by APLUS Energy and the SEFiA: Increasing Electricity Prices and the Impact of Renewable Energy Sources on the Market
Renewable Energy is the Cure for Inflation A new report by APLUS Energy and the Sustainable Economics and Finance Research Association (SEFiA) reveals that the increase in renewable energy installed capacity results in lower inflation by lowering electricity bills. The report titled “Increasing Electricity Prices and the Impact of Renewable Energy Sources on the Market” evaluates the impacts […]
Rising Electricity Prices and the Impact of Renewable Energy Resources on the Market
APLUS Energy and Sustainable Economics and Finance Research Association (SEFiA) jointly procured a report proposing that the increase in renewable energy installed capacity will improve consumer inflation by lowering electricity bills. The “Rising Electricity Prices and the Market Impact of Renewable Energy Sources“ report evaluates the market impact of renewable energy power plants and the incentives provided […]
Trade in Environmental Products Report: Environmental Products in the World and Turkey
The report provides a preliminary analysis of how environmental policies affect global trade. While analyzing the trade of ‘environmental products’ that aim to minimize environmental damage in the world and in Turkey, it reveals striking findings specific to Turkey: Turkey’s export value of environmental products rose from $7.4 billion in 2010 to $16.3 billion in 2020, […]
Overcoming the Contradiction: Turkey’s Green Revolution and New Coal Investment Plans
WWF-Turkey and the Sustainable Economics and Finance Research Association (SEFiA) jointly prepared a report to assess the economic feasibility and the burden on the public budget of the planned coal-fired power plant in Dinar, Afyonkarahisar. “Overcoming the Contradiction: Turkey’s Green Revolution and New Coal Investment Plans” report analyzes that even under the lowest-cost scenario, without […]
WEBINAR: Identifying Financed Emissions Risks in Turkey‘s Financial Sector
Speakers: Tarik Akin, Head, The Department of Participation Finance · Finance Office, Presidency of Türkiye Ahmet Albayrak, who is Chairman of KT Portfoy Blake Goud, CEO, RFI Foundation (Co-Host) Opening Remarks: Bengisu Özenç, SEFiA (Co-Host) Turkey has recently made significant strides in policy to address climate change following ratification of the Paris Agreement and setting a Net Zero […]
Turkey Steel Sector Report: Production, Trade and Decarbonization Process
With a steel production of 35.8 million tons, Turkey ranks seventh in the world and is among the leading countries. While the negative effects of the COVID-19 pandemic were being felt, Turkey managed to increase its steel production by 6% compared to the previous year, reaching 35.8 million tons by 2020. This was the third highest […]
2053 Fossil Finance Exit for Net Zero Goal: Now!
In order to achieve a sustainable future for the world, we need not crisis-driven, temporary emission reductions, but permanent reductions resulting from a fundamental change in the design of the global economy and financial flows. In Europe, the continent that was the first to announce its carbon neutrality goal, climate policies that are being transformed […]
First Step In The Pathway To a Carbon Neutral Turkey: Coal Phase Out 2030
You are invited to the panel discussion on Turkey’s decarbonization pathway and coal phase out at #COP26: Thursday 4 November, Pavilion of Turkey Turkey’s ratification of the Paris Agreement and the announcement of its net zero target for 2053 were welcomed both in Turkey and in the world. However, the question of what steps Turkey […]
Modernisation of The Turkey-EU Customs Union: Building a New Partnership on Past Achievements
This paper argues that CU modernisation, in line with the changing imperatives brought along with the Green Deal, provides a concrete step in preparing the ground for a positive agenda, better collaboration and potentially deeper integration in Turkey-EU relations amid the drastic overhaul of the global economic and political order. Indeed, the EU Green Deal, […]
