Antalya:Jeddah The Islamic Development Bank (IsDB) has officially joined the Türkiye Industrial Decarbonization Investment Platform as a strategic partner. This significant collaboration was announced during the platform's launch ceremony, which took place at the 31st United Nations Climate Change Conference (COP31) in Antalya, held from November 9 to 20.
According to Saudi Press Agency, the platform, led by Türkiye's Ministry of Industry and Technology, aims to expedite the industrial sector's shift towards low-emission production. It also seeks to boost competitiveness by developing investment projects and attracting financing from both domestic and international sources.
The IsDB has expressed its support for Türkiye's initiatives to reduce industrial emissions. The bank is committed to collaborating with government bodies, development partners, and the private sector to promote sustainable transformation in the industrial sector and enhance climate resilience among its member countries.