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Denmark expects COP31 climate goals to become tangible investments
Denmark's Ambassador to Ankara, Ole Toft, said they expect climate commitments at COP31 in Antalya to lead to concrete steps and financing outcomes. Toft said the energy transition cannot be completed in 5-10 years and noted that Türkiye and Denmark could cooperate in renewable energy, offshore wind, energy efficiency and water management.
Denmark's Ambassador to Ankara, Ole Toft, said they expect the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31), to be held in Antalya under Türkiye's hosting, to be a summit where concrete steps are taken, not merely one where targets are set.
Toft said Denmark's delegation to COP31 would include Queen Mary of Denmark, public-sector representatives, the private sector and civil society organizations.
Emphasis on commitments and climate finance
Describing climate change as a global problem, Toft said it was important at the summit to implement commitments and make progress on financing.
Toft said they welcomed Türkiye's approach of turning COP31 into an implementation conference where concrete steps are taken and results achieved, rather than a meeting limited to setting targets.
Toft said the private sector should play a leading role in the investments needed to achieve climate targets and accelerate the energy transition, highlighting the importance of mobilizing private capital.
Toft said the effects of climate change could not be ignored, adding that problems would grow if the necessary steps were not taken and that it would become more difficult for future generations to address them.
Denmark's energy transition experience
Toft said the oil crisis of the 1970s led to a fundamental change in Denmark's energy policies. He noted that at the time, most of the country's energy needs were met by oil imported from the Middle East.
Toft said Denmark began producing oil and natural gas in the North Sea after the crisis, while also turning to the development of alternatives to fossil fuels and investment in energy efficiency.
Toft said Türkiye was also going through a similar process to strengthen energy security and diversify its resources, adding that the energy transition should be addressed as a long-term process.
Emphasizing the importance of predictable regulations and long-term planning for investors, Toft said the energy transition could not be completed within 5-10 years.
Toft also said cooperation among universities and research institutions, as well as between the public and private sectors, should be improved.
Opportunity for cooperation in offshore wind energy
Toft said Danish companies could assess joint investment opportunities with Turkish firms in Türkiye, Africa and Central Asia, adding that the two countries had significant opportunities for cooperation in renewable energy.
Toft said offshore wind energy could be a particularly promising area for joint work, adding that Danish project developers were following developments concerning offshore wind energy tenders in Türkiye.
Toft said Danish companies wanted to take part in wind energy projects and noted that Türkiye had developed significant capacity in onshore wind energy. He said Danish technologies could be used in the renewal and modernization of existing plants.
Toft said joint projects could also be developed in energy efficiency and water management, noting that climate change was increasing pressure on water resources. He said Danish companies could contribute to Türkiye in the use of groundwater resources.
Toft said wind energy investments were also important for local employment. He noted that local employment capacity was critical in production and supply processes because of the size of the turbines, adding that these investments created new job opportunities.
Source: Anadolu Ajansı
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