Affiliation:
1. Uludag University, Turkey
Abstract
Signatory countries of the Paris Climate Change Agreement have committed to decreasing carbon emissions and reducing global warming by at least two degrees Celcius for fighting against climate change. Moreover, the European Union has declared to European Green Deal, and it has been taken one step further from the Paris Climate Change Agreement. European Green Deal aims to transform Europe into the first carbon-neutral continent in the world in 2050. EU member countries have prioritized achieving the reduced emission level and then reaching carbon-neutral societies in the next phase. European Green Deal has not only been related to EU member countries but also has affected Turkey as a prominent commercial partner and candidate member country. Ministry of Trade – Republic of Turkiye has released the Green Deal Action Plan to comply with the changes that will emerge with European Green Deal and related transformation policies. This study has been aimed to evaluate the third section of the Green Deal Action plan, which involves green finance.
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