World Bank authorizes $341 million loan to Turkey for ‘green’ farming By Reuters

© Reuters. SUBMIT IMAGE: Turkish villager Hasan Dogruyol (R) brings a sack of cotton as he operates in a cotton field near the border town of Reyhanli on the Turkish-Syrian border, in Hatay province, November 4, 2012. REUTERS/Murad Sezer

ISTANBUL (Reuters) – The World Bank stated on Wednesday it had actually authorized a loan of $341.27 million as part of a job to assistance Turkey’s farming sector and motivate using “climate-smart technologies.”

The job intends to enhance collection and usage of details on 14 million hectares of soil and land, improve illness monitoring in animals and help in reducing carbon emissions, the World Bank stated.

Agricultural growth in Turkey is producing substantial ecological and environment pressure due to the ineffective usage of land, water and energy, while representing more than 13% of Turkey’s greenhouse gas emissions, it stated.

“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,” stated Auguste Kouame, World Bank Country Director for Turkey.

Turkey validated the Paris environment arrangement late in 2015, and has stated it intends to attain net no carbon emissions by 2053.

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