World Bank approves $341 million loan to Turkey for ‘green’ agriculture -Breaking
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© Reuters. FILE PHOTO – A Turkish villager Hasan Dogruyol, (R), carries a bag of cotton while he works near Reyhanli, on the Turkish-Syrian border. Hatay, November 4, 2012 – REUTERS/Murad Sezer ISTANBUL (Reuters), – Wednesday’s approval by the World Bank of a loan amounting to $341.27M was part of a project to help Turkey’s agricultural sector, and support “climate-smart technology” use.
According to the World Bank: “The project seeks to increase collection and use information about 14 million hectares soil and ground, improve disease surveillance in animals, and lower carbon emissions.”
It stated that Turkey’s agricultural expansion is causing significant climate and environmental pressure due to inefficient land-, water-, and energy use. Furthermore, Turkey accounts for over 13% of its greenhouse gas emissions.
Auguste Kouame is the World Bank’s Country Director for Turkey. He stated, “We hope this partnership can contribute to putting Turkey’s agriculture sector on an easier and more sustainable growth path. It will also help Turkey reach net zero carbon emissions by 2030.”
Turkey signed the Paris Climate Agreement late last year and said that it plans to reach net zero carbon emission by 2053.
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