Green sukuk plays a
vital role in helping Türkiye to achieve its sustainable development goals,
reducing energy dependence, and addressing the climate crisis. In countries
where Islamic finance is growing, green sukuk has emerged as a key tool in
long-term plans for sustainable finance. Effective collaboration among
regulatory authorities, financial institutions, and investors is crucial for
green sukuk to serve as a potent instrument in Türkiye . With Türkiye's
increasing need for diverse financial instruments to realize sustainable
development objectives and sustain economic growth while considering
environmental and social impacts, green sukuk holds significant promise.
This report offers
insights and policy recommendations to ensure that green sukuk becomes an
effective tool in Türkiye for combating climate change, fostering economic
development, and advancing Türkiye's ambition of becoming a hub for
participation finance.