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Detail – Energy Country Profile

World Bank supports energy efficiency and renewables in Turkey

Turkey has committed to a target that 30% of its total energy come from renewable sources by 2023. Two key documents – the Electricity Market and Security of Supply Strategy and National Energy Efficiency Strategy – are paving the way for these improvements by respectively calling for Turkey to meet this 30% renewable target and to reduce its energy intensity levels (energy consumption per unit of GDP) by 20% between 2011 and the end of its Centennial year.

Over the last few years, the World Bank has provided more than US$1bn for renewable energy and energy efficiency projects in Turkey, leading to significant increases in energy being produced by privately-owned, renewable energy companies in Turkey - as well as significant reductions in CO2 emissions throughout the country.
Projects being developed in coordination with the World Bank Group are estimated to contribute to a reduction in greenhouse gases emissions of 3.3 Mt/year.

Renewable energy and energy efficiency projects are helping to reduce CO2 emissions in Turkey by more than 3 Mt annually

Source: 6 June 2013