05 May CIF Industry Decarbonisation Programme – Investment Plan Consultancy
Reference: CIF Industry Decarbonisation Programme – Investment Plan Consultancy
Period: 2026
Beneficiaries: Ministry of Industry and Technology of the Republic of Türkiye, Ministry of Treasury and Finance of the Republic of Türkiye
Consortium: ANKON Consultancy and Hinicio
Donor: Climate Investment Funds (CIF)
Areas of Work: Industrial Decarbonisation, Climate Policies, Low-Carbon Technologies, Investment Planning
Services Provided: Investment Plan Preparation, Stakeholder Engagement, Policy Analysis, Financing Modelling, Technical Advisory
Project Objective
This project aims to accelerate industrial decarbonisation in Türkiye by preparing a comprehensive Investment Plan (IP) under the Industry Decarbonisation Programme of the Climate Investment Funds (CIF). The project will identify investment areas that support the low-carbon transition in high-emission sectors such as iron-steel, cement, aluminium, and fertilisers. These investments will be analysed from technical, financial, and policy perspectives and aligned with international financing mechanisms. Based on existing policy documents, low-carbon roadmaps, and sectoral analyses, the project will create an actionable investment portfolio that delivers transformative impact and triggers private sector investment.
Project Scope
The project adopts a multi-stage and integrated approach to prepare the investment plan for Türkiye’s industrial decarbonisation process. Key activities include:
- Review of existing national policy documents, low-carbon roadmaps (LCPs), and sectoral analyses
- Identification of decarbonisation technologies and investment needs for priority sectors
- Analysis of financing instruments, incentive mechanisms, and investment gaps
- Development and prioritisation of investment concepts aligned with CIF criteria
- Multi-stakeholder consultation processes (government, MDBs, private sector, NGOs)
- Organisation of and technical support for the Joint Mission
- Preparation, revision, and finalisation of the draft Investment Plan
The project is carried out in close coordination with multilateral development banks including the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC), and the Asian Development Bank (ADB).
Project Goal
The ultimate goal of the project is to deliver a strategic and actionable investment plan that accelerates low-carbon transformation in Türkiye’s industrial sector, mobilises international finance, and stimulates private sector investments. The resulting Investment Plan aims to:
- Reduce greenhouse gas emissions
- Enhance industrial competitiveness
- Promote innovative and clean technologies
- Strengthen financing collaborations between public and private sectors
- Ensure alignment with international climate targets and regulations (e.g., CBAM)
In conclusion, the project seeks to establish a foundational roadmap that supports Türkiye’s transition towards a long-term, sustainable, and transformative industrial decarbonisation process.