Projection of avoided costs and investment needs until 2030 required for the decarbonization of the Turkish economy

This study aims to address the gap related to the investment needs for decarbonization and opportunity costs of non-transition, and provide an apprehensible guideline for Türkiye’s decarbonization pathway, built upon the outcomes of the “Türkiye’s decarbonization pathway: Net-zero for 2050” project. The new study will use the data which were portrayed in the previous report for long-term decarbonization trajectories in Türkiye with particular focus on coal and fossil fuel phase-out in the electricity sector and calculate the investment needs for the first and crucial wave of transition that needs to take place until 2030.