COP31 puts spotlight on Türkiye's green sukuk potential
Türkiye's hosting of the COP31 UN climate summit in Antalya from November 9 to 20 could create new opportunities for green sukuk, as the country seeks to attract investment into renewable energy, climate-resilient infrastructure and other sustainable development projects.
The summit comes as Türkiye implements its National Green Finance Strategy and Action Plan 2026–2029, which aims to expand sustainable investment and strengthen green capital markets. While the strategy promotes sustainable financial instruments, it does not identify sukuk as a specific priority.
The strategy, introduced by the Ministry of Treasury and Finance, sets out 11 objectives and 45 actions focused on improving sustainability reporting, strengthening institutional capacity and developing financial products that support climate-related investment.
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Muhammad Ali Bandial