IKV, in cooperation with Kocaeli Chamber of Industry (KCI), organised a webinar entitled "Key Elements of the European Green Deal: Expectations for the Turkish Business Community" on 12 November 2020.

The opening speech of the webinar was delivered by IKV and KCI Chairman Ayhan Zeytinoğlu. In his speech, IKV Chairman Zeytinoğlu stressed that the Green Deal, which was among European Commission’s priorities, also held importance for Turkey. Chairman Zeytinoğlu emphasized that practices such as the shifting production and manufacturing standards in line with circular economy principles and the carbon border adjustment mechanism aiming to prevent carbon leakage were elements that needed to be closely monitored and aligned with especially for sectors exporting to the EU.

The webinar continued with a panel session which was moderated by KCI Secretary General Mehmet Turabi. In the panel session, IKV Secretary General Assoc. Prof. Çiğdem Nas made a presentation on the European Green Deal and its potential effects on the Turkish business community. Describing the basic principles and objectives of the European Green Deal, IKV Secretary General Nas stated that the Green Deal, which promises to radically change the manufacturing and consumption patterns and methods within the EU, will impact on all international manufacturing and trade balances. IKV Secretary General Nas underscored that Turkey should prepare for the potential effects of the Green Deal which was rapidly progressing. The webinar ended with a Q-A session.