Türkiye regulations · 15 November 2026
Kurum outlines 2035 targets and climate finance mechanism at COP31 panel
At a panel in Antalya, Kurum outlined electrification and material reuse targets, called for finance to support implementation, and highlighted smaller businesses’ need for technical knowledge.
According to a ministry announcement dated 10 November, COP31 President Murat Kurum called for climate commitments to move into implementation at a business and policy panel in Antalya. His remarks addressed 2035 targets, the use of finance and companies’ role in the transition. [Source](https://csb.gov.tr/haberler/cop31-baskani-kurum-kuresel-iklim-gundeminde-is-dunyasinin-ve-politikanin-rolu-paneli-ne-katildi-307283)
Business and policy leaders meet
International Energy Agency Executive Director Fatih Birol moderated the Koç Holding panel, “From Commitments to Action: The Role of Business and Policies in the Global Climate Agenda.” Participants included World Bank President Ajay Banga, EBRD President Odile Renaud-Basso and COP30 President Andre Aranha Correa do Lago. Kurum said the COP31 Presidency had consulted businesses, civil society organisations and international banks, stressing that commitments needed to produce concrete outcomes. Source
Official source: Republic of Türkiye — Ministry of Environment, Urbanization and Climate Change ↗Electrification and reuse targets for 2035
Kurum said the COP31 Action Agenda included a 35% electrification target by 2035. He presented increased electrification in transport, industry, commerce and daily life as a way to reduce fossil fuel use. He also outlined an ambition to raise the share of reused materials in production and manufacturing to 15% by the same year. The agenda covers Zero Waste, methane reduction, energy efficiency, green industrialisation and resilient cities. The announcement presents these figures as targets, not new legal obligations for companies. Source
Official source: Republic of Türkiye — Ministry of Environment, Urbanization and Climate Change ↗Turning finance into implementation
Kurum called for the $1.3 trillion commitment to be fulfilled promptly and for finance to be used efficiently. He said an “implementation bridge” mechanism for climate action had been developed through work with UNDP. He described it as a means of using limited finance more effectively to support emissions reductions. The source provides no application conditions, company-specific budget or detailed implementation timetable. His remarks call for fulfilment of the commitment rather than announce that funding has been allocated. Source
Official source: Republic of Türkiye — Ministry of Environment, Urbanization and Climate Change ↗Investment choices and smaller businesses
Kurum argued that investment decisions made today would determine businesses’ position in climate action over the next decade. He said clean energy investment could strengthen energy security and emphasised that small and medium-sized companies also needed access to skilled people and technical knowledge. Suppliers should not be left behind, he said. Kurum added that the Union of Chambers and Commodity Exchanges of Türkiye was coordinating the COP31 Business Forum in its capacity as COP31 Private Sector Envoy. He described dialogue, consensus and action as the foundations of the presidency’s approach. Source
Official source: Republic of Türkiye — Ministry of Environment, Urbanization and Climate Change ↗Related news
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