Agricultural Science | Industrialization | Technology

World Bank approves $341 Million loan to Turkey for Green Agriculture

The World Bank communicated that it had approved a loan of $341.27 million as part of a project to support and encourage the use of climate-smart technologies in Turkey’s agricultural sector.

According to the World Bank, the project aims “to improve collection and use of information on 14 million hectares of soil and land, enhance disease surveillance in animals and help reduce carbon emissions, the World Bank.”

“Agricultural expansion in Turkey is creating significant environmental and climate pressure due to the inefficient use of land, water and energy, while accounting for more than 13% of Turkey’s greenhouse gas emissions,” it said.

In the report provided by the World Bank, it was disclosed that the project is to also serve as a support to make Turkey’s agricultural sector competitive and create a sustainable agriculture system in the country.

“We hope this partnership will contribute to putting the agriculture sector on a more competitive and sustainable growth path and help Turkey achieve net-zero carbon emissions by 2053,” said Auguste Kouame, World Bank Country Director for Turkey.

Turkey ratified the Paris climate agreement late last year and has said it aims to achieve net-zero carbon emissions by 2053.

The loan is, however, expected to yield the necessary results in Turkey’s agricultural sector in a few years to come.

“Agricultural expansion in Turkey is creating significant environmental and climate pressure due to the inefficient use of land, water and energy while accounting for more than 13% of Turkey’s greenhouse gas emissions”

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