Low-Carbon Transition Risks Facing Coal in Türkiye
Several banks in Türkiye have publicly committed to act on climate change, even setting net-zero goals. Serious investments in renewable energy have already been made, which have put in reach intermediate national goals like 120 gigawatts (GW) of wind and solar capacity by 2035. However, Türkiye invested heavily in coal until 2010 and gas from […]
Financing the coal phase-out: The case of Türkiye
Sustainable Economy and Finance Research Association (SEFiA) and London based think tank E3G have jointly prepared a report titled “Financing the Coal Phase Out: The Case of Turkey”, the new report analyzes the cost of Turkey’s coal phase-out on a power plant-by-power plant basis. The report examines in depth the financial outlook of the plants, which is […]
Green Economy and Green Complexity Analysis
Turkey should invest in more complex green products. The research conducted by the Sustainable Economy and Finance Research Association (SEFiA) examines the predisposition of countries, especially Turkey, to a green economy and their potential for the future. The “Green economy and green complexity analysis“ aims to identify Turkey’s current production capabilities and calculate its distance to the […]
Exiting Coal-Based Employment: Potential Problem Areas and Solutions
A “coal exit” where no one is unemployed is possible. Sustainable Economy and Finance Research Association (SEFiA) and Climate Action Network Europe (CAN Europe) prepared an “Exiting Coal-Based Employment” report to analyse the extent to which an exit from coal in electricity generation in Turkey may create potential problems and solutions for the employment sector. The report […]
Climate Change and Sustainability Research: Outlook on BIST 30 Companies
After the Paris Agreement was approved by the Turkish Grand National Assembly on October 6, 2021, Turkey became a party to a key step in the global fight against climate change, albeit somewhat late. It also announced its goal of becoming net-zero emissions by 2053. According to the most recent data announced by TURKSTAT, Turkey’s […]
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 […]
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 […]
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 […]
