Emissions reduction

In a transformative decade for the energy sector spanning from 2012 to 2022, employment in green energy has seen a remarkable surge of nearly 90%, with the current workforce standing at 13.7 million, research shows.

The government's medium-term program attaches great importance to structural transformation as well as ensuring macro financial stability, Finance Minister Mehmet Şimşek said, adding establishing financial discipline will make it easier for Türkiye to achieve its goals in green and digital transformation.

The European Commission has approved a €150-million Greek scheme to support energy-intensive companies facing increased energy costs in the context of Russia's war against Ukraine.

The utilization of renewables and upgrading transmission infrastructure for more renewables are Türkiye's major areas of focus, Energy Minister Alparslan Bayraktar has said, stressing that the country plans to invest $10 billion in the grid by 2030.

More than 20 countries called for the tripling of world nuclear energy capacity at UN climate talks on Saturday as part of efforts to achieve net-zero emissions by 2050.

A declaration endorsed by nations ranging from the United States to Ghana to Japan and several European countries said nuclear energy plays a "key role" in reaching the goal of carbon neutrality.

Japanese Prime Minister Fumio Kishida has vowed to stop building new coal-fired power plants that lack measures to cut carbon emissions.

The announcement was made at the UN's COP 28 climate summit in Dubai, as Japan, heavily reliant on imported coal and other fossil fuels, aims to become carbon-neutral by 2050.

Environment and Energy Minister Thodoros Skylakakis said on Monday that the green transition constitutes a major opportunity for Greece to become an energy exporter and is directly connected with the country's energy security, addressing the conference "Energy Security and Green Growth," organized by the ministry.

The Istanbul Governor's Office has initiated a reforestation campaign with the aim of restoring forested areas damaged by wildfires in the city this year.

Also, it is warned that in this decade, carbon dioxide pollution must be reduced by almost 50 percent in order to achieve the set world goals, which are the limitation of global warming and the avoidance of a catastrophic impact on the climate.

NOVI SAD - Development of industry and electric vehicles is the path to carrying out a green transition in Serbia, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Thursday.