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Written by a Hada News reporter, Islamic Development BankIslamic Development Bank12/11/2026State-affiliatedsingle state source, uncorroboratedEconomy

IsDB signed on as a strategic partner to TIDIP at a ceremony in Antalya on 12 November 2026, during COP31. The platform, led by Türkiye's Ministry of Industry and Technology, supports the country's push to cut emissions in heavy industry, starting with four sectors: metals like iron, steel and aluminum, along with cement, clinker and fertilizer production. Other backers already in the coalition include IBRD, EBRD and IFC, while ADB, the European Commission and EIB joined as new signatories alongside IsDB. IsDB said it intends to use its financing tools to back Türkiye's decarbonization work within its own governance rules.

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