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IsDB Group partners with Turkiye to drive green industrial growth

IsDB Group partners with Turkiye to drive green industrial growth

Arab News4 days ago

JEDDAH: The Islamic Development Bank Group has partnered with Turkiye's Ministry of Industry and Technology to advance sustainable manufacturing and infrastructure as part of a broader push to modernize the country's industrial zones and accelerate its green transition.
The initiative supports Turkiye's 2053 net-zero emissions target and aligns with the 12th National Development Plan (2024–28) and the 2030 Industry and Technology Strategy.
According to the Saudi Press Agency, the project aims to cluster industrial enterprises within designated zones, reducing environmental impact and promoting climate-conscious development.
While Turkiye has committed to peak emissions by 2038 and reach net zero by 2053, independent assessments question the feasibility of this goal.
Climate Action Tracker has rated the strategy as 'poor,' citing a lack of ambition and transparency, and warning that the 15-year window to net zero is overly compressed.
Still, some subsectors—such as cement, iron and steel, aluminum, and fertilizers—have set clearer reduction targets, although they remain exceptions, CAT notes.
Walid Abdelwahab, director of the IsDB Group's regional hub in Turkiye, described the project as 'a vital step in fulfilling the IsDB's commitment to supporting sustainable industrial transformation, enhancing economic resilience, and promoting climate-conscious development.'
A multidisciplinary team from IsDB's Jeddah headquarters and Ankara office has been working closely with various government bodies and industrial zone authorities. Discussions have focused on collecting data, identifying challenges, and shaping the project in line with national investment and climate resilience goals.
According to SPA, the initiative will also address key areas such as wastewater management, improved water use efficiency, and green infrastructure, laying the groundwork for long-term sustainable industrial growth.

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