Türkiye Needs At Least $80 Billion In Electricity Infrastructure Investment Through 2035
Fahad Shabbir (@FahadShabbir) | September 06, 2026 | 11:45 AM (ISTANBUL, UrduPoint / Pakistan Point News / WAM - 06th Sep, 2026)
As the world seeks to "rethink, redesign and strengthen" its electricity infrastructure, emerging economies such as Türkiye require access to affordable, long-term climate finance, according to Energy and Natural Resources Minister Alparslan Bayraktar.
"Public finance alone will not be sufficient," he stated at the Istanbul Climate Finance Summit, as quoted by Anadolu Agency.* "We need to mobilize private capital, international financial institutions, development banks and long-term institutional investors."**
He further emphasized: "In Türkiye itself, only until the year 2035, we need to invest at least $80 billion in our electricity infrastructure."
Financing mechanisms must be designed to reduce risk, lower the cost of capital, and make investments in clean energy and climate-resilient infrastructure commercially attractive, he added.
"For emerging economies like Türkiye, access to affordable and long-term climate finance is essential," Bayraktar said. "The energy transition cannot succeed globally if financing remains expensive or inaccessible precisely in the countries where energy demand and investment needs are growing fastest."
Global warming and climate change necessitate a rethink of electricity infrastructure, he noted: "We are already seeing more frequent and severe extreme-weather events around the world, including Türkiye. Heatwaves, floods, storms, droughts, and wildfires can all affect electricity generation, transmission, and distribution."
Consequently, climate finance should support both emissions reductions and resilience and adaptation efforts.
"The infrastructure we build today must be designed for the climate conditions of the coming decades, not simply those of the past," he said. "And this requires enormous financial resources."
He characterized the energy transition as “unprecedented in scale,” demanding more renewable energy, greater energy efficiency, nuclear power, energy storage, electrification, and substantial investment in transmission and distribution networks.