The World Bank report explores Turkiye’s role in the global value chain and its potential to adopt circular economy (CE) principles. As Turkiye navigates EU regulations and strengthens its competitive edge, it is essential to implement CE strategies, particularly in textiles and automotive sectors. The report presents two scenarios for CE adoption: “Circular Economy Light” and “Full Circular Economy”. The latter requires a transformative shift in production processes, adopting product-as-service models, and extending product lifecycles. Turkiye has made progress towards circularity, but challenges persist, including limited recycling rates and infrastructure, lack of coordination between policymakers and industry players, and financial constraints. The report highlights the need for policy alignment with EU standards, public awareness and consumer behavior, and investments in recycling infrastructure and workforce training. The report concludes that Turkiye can emerge as a global role model for circular economy transition with bold, coordinated efforts and partnerships.
Pivoting towards a Circular Economy: A Key to Unlocking Turkey’s Sustainable Development and EU Harmonization Let me know if you need any further assistance!
