[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108119-en":3,"doc-seo-108119-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108119,1099513958607,"Jiven","https://ap-avatar.wpscdn.com/avatar/100002390cf8733938c?x-image-process=image/resize,m_fixed,w_180,h_180&k=1778829742770036399",8,"Research & Report","Türkiye CCDR - Background Note 7 - The Decarbonizing World: Competitive Risks, Strengths, and Opportunities","Background Note 7 for the Turkey Country Climate and Development Report synthesizes analytical findings on how the EU CBAM and the EU Green Deal could affect Turkey’s transition risks, with special attention to export competitiveness and green growth potential. It assesses impacts using World Bank modelling projects, compares results across the two initiatives, and derives implications for Turkey’s opportunity pathways in green product markets, value chains, and technology upgrading. The note concludes with policy-relevant directions for domestic climate action.","Disclosure Authorized Public Disclosure Authorized  \nTÜRKIYE CCDR  \nBackground Note 7  \nThe decarbonizing world: Competitive risks, strengths, and opportunities forTürkiye  \nPub lic Disc losure Authorized  \nSource: World Bank Flickr Photo Collection (ID: SDM-TR-064)  \nThis background note was prepared for the Turkey Country Climate and Development Report (CCDR). It compiles analytical work on the impact of the EU CBAM and the EU Green Deal on Turkey prepared by Daniel Besley, Kathleen Patroni, Hasan Dudu, Jakub Boratynski, Maryla Maliszewska, Thomas Farole, Cristina Constantinescu, Maria Pereira, and Maksym Chepeliev; and on export competitiveness and green growth potential prepared by Penelope (Penny) Mealy and Samuel Rosenow, with inputs from Michael Ferrantino, Esther Naikal, Lucie Wuester, Samuel Fargher, and Camilla Knudsen.  \nContents  \nIntroduction ............................................................................................................................................ 3  \nPart 1: Transition risks from a decarbonizing world—impact of the EU CBAM and the EU Green Deal on Turkey ................................................................................................................................................ 4  \nThe impact of the EU CBAM on Turkey............................................................................................... 4  \nImpact of EU Green Deal on Turkey.................................................................................................. 13  \nComparing the findings of the two modelling projects .................................................................... 21  \nPart 2: Turkey’s opportunities in a decarbonizing world—export competitiveness, green competitiveness, and green growth potential...................................................................................... 25  \nThe opportunity of the green transition ........................................................................................... 25  \nExport competitiveness, economic complexity, and the product space .......................................... 25  \nGreen competitiveness, green complexity, and green complexity potential................................... 28  \nGreen global value chains ................................................................................................................. 31  \nConclusion............................................................................................................................................. 44  \nAppendix A: The Impact of the EU CBAM: further detail on the modelling approach .........................45  \nAppendix B: HS codes associated with products and components in select value chains ...................49  \nThe world is decarbonizing, and well-prepared economies will be ready to manage the risks and take advantage of the opportunities. As of April 2022, seventy-four countries, representing 84% of global GDP, have committed to achieving net-zero in the mid-century1. This rises to 131 countries and 90% of GDP if we include the countries proposing and actively discussing adopting a net-zero target. A 90% GDP coverage has immense implications for global markets. Achieving net-zero involves a fundamental transformation of the economy and impacts many sectors. Alongside national commitments, banks and investors are aligning their portfolios with net-zero commitments. Further, 696 of the world’s 2,000 largest publicly traded companies have set net-zero targets.  \nTransition risks for Turkey arise from nations’ actions to decarbonize their economies. Climate pledges and policies are beginning to shift global demand from fossil-fuel-based production toward cleaner technologies and more environmentally friendly products. For example, the EU – Turkey’s largest trading partner – has recently established various regulatory measures to support and accelerate a low carbon transition. The EU’s proposed Carbon Border Adjustment ","cbCaidyL1e0D6lAN","https://ap.wps.com/l/cbCaidyL1e0D6lAN","pdf",4170407,3,1,52,"English","en",105,"# Introduction\n# Part 1: Transition risks from a decarbonizing world—impact of the EU CBAM and the EU Green Deal on Turkey\n## The impact of the EU CBAM on Turkey\n## Impact of EU Green Deal on Turkey\n## Comparing the findings of the two modelling projects\n# Part 2: Turkey’s opportunities in a decarbonizing world—export competitiveness, green competitiveness, and green growth potential\n## The opportunity of the green transition\n## Export competitiveness, economic complexity, and the product space\n## Green competitiveness, green complexity, and green complexity potential\n## Green global value chains\n# Conclusion\n# Appendix A: The Impact of the EU CBAM: further detail on the modelling approach\n# Appendix B: HS codes associated with products and components in select value chains","[{\"question\":\"What are the main transition risks for Turkey discussed in this background note?\",\"answer\":\"Transition risks arise from other countries’ decarbonization actions that shift global demand toward cleaner technologies and environmentally friendlier products. The note highlights EU-related measures such as CBAM and the Green Deal that can affect Turkey’s export environment.\"},{\"question\":\"How does the EU CBAM affect Turkey according to the document?\",\"answer\":\"The EU CBAM is described as imposing a levy on embedded emissions in EU imports for specified sectors, including iron and steel, cement, aluminum, electricity, and fertilizer. The note evaluates these effects through World Bank modelling results.\"},{\"question\":\"What opportunities does the note identify for Turkey in a decarbonizing world?\",\"answer\":\"The note emphasizes growth, development, and technological upgrading opportunities from green product markets. It links these opportunities to building capabilities for green technologies and components, and to improving export competitiveness, green complexity, and participation in green value chains.\"}]",1784468843,131,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"turkiye-ccdr-background-note-7-the-decarbonizing-world-competitive-risks-strengths-and-opportunities","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":20},"https://docshare.wps.com/document/research-report/",{"item":51,"name":13,"@type":43,"position":52},"https://docshare.wps.com/document/turkiye-ccdr-background-note-7-the-decarbonizing-world-competitive-risks-strengths-and-opportunities/108119/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-29","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What are the main transition risks for Turkey discussed in this background note?","Question",{"text":75,"@type":76},"Transition risks arise from other countries’ decarbonization actions that shift global demand toward cleaner technologies and environmentally friendlier products. The note highlights EU-related measures such as CBAM and the Green Deal that can affect Turkey’s export environment.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How does the EU CBAM affect Turkey according to the document?",{"text":80,"@type":76},"The EU CBAM is described as imposing a levy on embedded emissions in EU imports for specified sectors, including iron and steel, cement, aluminum, electricity, and fertilizer. The note evaluates these effects through World Bank modelling results.",{"name":82,"@type":73,"acceptedAnswer":83},"What opportunities does the note identify for Turkey in a decarbonizing world?",{"text":84,"@type":76},"The note emphasizes growth, development, and technological upgrading opportunities from green product markets. 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