The Islamic Development Bank (IsDB) has joined the Türkiye Industrial Decarbonization Investment Platform (TIDIP) as a strategic partner during the platform’s official launch in Antalya on the sidelines of COP31. The initiative aims to identify and prepare industrial decarbonization investments and mobilize financing from international and domestic sources.
Led by Türkiye’s Ministry of Industry and Technology, the platform initially focuses on four sectors: iron and steel, aluminum, cement and clinker, and fertilizers. It brings together public institutions, international financial institutions and private sector stakeholders to coordinate investment. IsDB is prepared to explore support through its development financing instruments, in line with its mandate and applicable governance processes.