Green Economic Growth and the Performance of the Turki̇ye Economy
Chapter from the book: Ertürkmen, G. (ed.) 2024. Academic Analysis in Macroeconomics.

Mustafa Karakuş
Ankara Hacı Bayram Veli University

Synopsis

This study examines the concept of green economic growth within the framework of Türkiye’s transition to a sustainable green economy. By outlining the historical and theoretical foundations of green economy principles, it explores Türkiye's economic, environmental, and policy transformations in the context of global green transitions. Key indicators from the 2017-2023 period are analyzed to evaluate Türkiye’s efforts in promoting renewable energy, enhancing energy efficiency, and encouraging environmentally friendly practices.

The findings highlight significant progress in renewable energy investments, particularly in wind and solar power, which have enabled substantial advancements in this sector. By 2023, the share of renewable energy in total electricity generation reached 41.73%. However, challenges persist in achieving substantial reductions in CO2 emissions and improving energy efficiency. Türkiye’s development plans and national policies emphasize alignment with international standards, the promotion of green financing, and the adoption of innovative technologies. For Türkiye to achieve its green economic growth objectives, more integrated strategies and robust policy support are essential. This analysis aims to contribute to the academic literature and policymaking processes by presenting Türkiye's experiences and potential pathways in green transformation.

This study aims to provide insights into Türkiye’s green transformation journey, offering valuable contributions to both academic discourse and policymaking processes by identifying key experiences and outlining potential pathways for further progress in sustainable economic development.

How to cite this book

Karakuş, M. (2024). Green Economic Growth and the Performance of the Turki̇ye Economy. In: Ertürkmen, G. (ed.), Academic Analysis in Macroeconomics. Özgür Publications. DOI: https://doi.org/10.58830/ozgur.pub570.c2327

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Published

December 22, 2024

DOI