World Bank approves $341 mln loan to support Turkey’s ‘green’ agriculture

The World Bank said on Wednesday it had approved a loan of $341.27 million as part of a project to support Turkey’s agricultural sector and encourage the use of “climate-smart technologies.”

The project aims to improve collection and use of information on 14 million hectares of soil and land, enhance disease surveillance in animals and help reduce carbon emissions, the World Bank said.

For the latest headlines, follow our Google News channel online or via the app.

Agricultural expansion in Turkey is creating significant environmental and climate pressure due to the inefficient use of land, water, and energy, while accounting for more than 13 percent of Turkey’s greenhouse gas emissions, it said.

“We hope this partnership will contribute to putting the agriculture sector on a more competitive and sustainable growth path and help Turkey achieve net zero carbon emissions by 2053,” said Auguste Kouame, World Bank Country Director for Turkey.

Turkey ratified the Paris climate agreement late last year, and has said it aims to achieve net zero carbon emissions by 2053.

Read more: Erdogan calls on UAE’s private sector to invest in Turkey