Erdemir emphasizes "ecosystem" for green transformation in the steel industry

In his evaluation to the AA correspondent within the scope of the 31st Conference of the Parties (COP31) of the United Nations (UN) Framework Convention on Climate Change, Doğan stated that the steel sector is one of the main indicators of the economic power of the countries.

Pointing out that steel is used in many different areas, from the defense industry to the automotive industry, from energy to infrastructure, from white goods to food packaging, Doğan said that green transformation is one of the main determining factors in the international competitiveness of many sectors, especially iron and steel.

Emphasizing that they do not see green transformation only as an environmental liability, Doğan continued his words as follows:

"We consider that low-carbon, green steel production, in particular, is critical for the future and sustainability of the iron and steel industry in our country. We are a capital-intensive sector and therefore the green transformation is quite long-term. We are interested in improving, making more efficient and changing our facilities, energy infrastructures and production processes. It is not possible to carry out the green transformation under a single heading, as a single stakeholder. We believe that we can only achieve this when we address it from different dimensions as an ecosystem."

"We care about coming together on different platforms"

Doğan pointed out that decision makers and policy makers being a part of the transformation in terms of both incentive and regulatory policies are among the important success factors in creating market conditions in this process, and emphasized that accessible financing is valuable for them.

For this reason, Doğan stated that the support of international financial institutions, development banks and policy makers, especially with incentives, to the sector is critical in the realization of the transformation.

"We believe that COP31 is a very important platform for building this ecosystem with its approach of 'from dialogue to consensus, from consensus to action'. In these days when there are different themes, we believe that we need to have an important mission in such organizations in terms of access to finance and helping shape policy, as well as discussing the future of the sector. For this reason, we attach importance to coming together with different stakeholders here on different platforms."