AGP Executive Report
Last update: 6 hours agoClimate Finance: Türkiye secured a record $1.6 billion AIIB package to support its climate law, emissions cuts and resilience efforts; the country estimates it needs $68 billion in climate investment by 2030. Clean Energy: At COP31, the EU backed Türkiye’s call to raise electricity’s share of global energy use to 35% by 2035. A separate Türkiye–Saudi pact plans 3,000 megawatts of wind power. Action Gap: A new Climate Action Tracker report says global climate progress has stalled for five years, putting the world on a path to 2.7°C of warming. Türkiye’s green pledges face scrutiny as it continues to support fossil-fuel expansion without setting a coal exit date. Nuclear Plans: Türkiye and Canada’s AtkinsRéalis agreed to study a possible six-unit, 4.5-gigawatt nuclear project, with the feasibility work expected to run through 2027.
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