Business · Trade · 1 hr ago
Türkiye’s trade minister calls for cooperation on minerals and green finance
Türkiye’s Trade Minister Ömer Bolat called for stronger cooperation at the COP31 climate summit in Antalya on Nov.
13.
He said rising demand for minerals used in renewable energy, batteries and electric vehicles is exposing weaknesses in supply chains.
Bolat urged countries to diversify and strengthen those supply chains and make it easier to trade clean technologies.
He also said developing economies and small businesses need affordable finance, technology transfers and investment to take part in the green transition.
The Organization of Turkic States agreed to turn cooperation into practical action through an Antalya Ministerial Declaration, including work on emissions monitoring, green certification and digital trade records.
Türkiye is preparing a pilot for its national emissions trading system and says its green taxonomy helps businesses access finance.
A $600 million Turkic Investment Fund is supporting businesses and infrastructure projects and is intended to help fund joint work in renewable energy, energy efficiency and the green economy.
Trade Minister Ömer Bolat called for stronger cooperation on critical mineral supplies and affordable green financing at the COP31 climate summit in Antalya.
He said rising demand for materials used in renewable energy, batteries and electric vehicles was exposing supply chain vulnerabilities.
Bolat urged governments, businesses and international financial institutions to provide affordable financing, support technology transfers and strengthen production capacity.
He also called for common standards and cross-border recognition of digital emissions data, certificates and trade documents.
At a separate meeting of the Organization of Turkic States, he urged closer cooperation on emissions monitoring, green certification and digital traceability.
- Who
- Türkiye’s Trade Minister Ömer Bolat.
- What
- He called for cooperation on critical mineral supplies, affordable green financing and green trade measures.
- When
- Nov. 13, at COP31; the article was published on Nov. 15, 2026.
- Where
- Antalya, Türkiye.
- Why
- Rising demand for materials for renewable energy technologies, batteries and electric vehicles was exposing supply chain vulnerabilities, while investment costs were a challenge for developing economies and small businesses.
This story does not have two clearly opposing sides.
Bolat called for stronger cooperation on critical minerals and affordable financing at a COP31 panel in Antalya.
At a separate Organization of Turkic States ministerial meeting, Bolat called for closer cooperation on emissions monitoring, green certification and digital traceability.
The Antalya Ministerial Declaration was signed, with Bolat saying it aimed to turn cooperation into practical action.
- Location
- Antalya, Türkiye
- COP31 panel date
- Nov. 13
- Minister
- Ömer Bolat
- Turkic Investment Fund capital
- $600 million
What people are saying
We must therefore establish diversified and reliable supply chains, facilitate trade in environmental goods and clean technologies