Faculty of Economics, Administrative and Social Sciences - iisbf@gelisim.edu.tr
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 Faculty of Economics, Administrative and Social Sciences - iisbf@gelisim.edu.tr

Economics And Finance








 Carbon Economy




Low carbon economy" is a term that refers to a green ecological economy based on low energy consumption and low pollution. The term was first published in 2003 by the British Department of Commerce and Industry, titled "Our Energy Future - Creating a Low Carbon Economy". A low carbon economy or green economy is a new and competitive growth model as an approach in which the economy, where natural resources are protected, develops on environmental technologies. Both developed and developing countries are now shaping their economic development goals with green growth approaches due to today's conditions. Since the transition to low carbon will of course have additional costs in the short term, ensuring financial stability is a prerequisite for investments in this regard. It is also important to implement the necessary tax regulations that facilitate this transition. Low carbon innovation is a factor that strengthens the resilience of the country's economies against climate change by providing many advantages to countries.
The carbon footprint is the calculation of the greenhouse gases that are directly or indirectly emitted into the atmosphere as a result of human activities in a certain period of time, with the equivalent of carbon dioxide (CO2). According to the Global Carbon Budget 2019 Report, Turkey, which ranks 15th in the world in carbon emissions that trigger climate change, released 430 million tons of carbon in 2018. The carbon emission amount of China, which is at the top in this field, was recorded as 10.1 billion tons.
Looking at the development of carbon emissions per capita in the world and in Turkey over the years; While carbon emission per capita in Turkey was 5.2 tons, it was 16.6 tons in the USA, 6.7 tons in the European Union, and 7 tons in China. Total greenhouse gas emissions in 2019 were calculated as 506.1 million tons (Mt), and total greenhouse gas emissions per capita in 2019 were calculated as 6.1 tons of CO2 equivalent

CO2 Per Capita in Turkey and in the World Emissions Development (ton CO2 eq./person)


In 2018 emissions, energy-related emissions took the biggest share with 71.6% as CO2 equivalent. It is noteworthy that the highest increase over the years is due to industrial processes and product use, and the agricultural sector. In 2019, CO2 eq. Energy-related emissions had the largest share with 72%, followed by agriculture with 13.4%, industrial processes and product use with 11.2%, and the waste sector with 3.4%.

Dr.Funda KARA