Esteemed Stakeholders,

Looking at the global economic activity in 2021, some hot topics can be listed as the emergence of COVID-19 variants, vaccination, challenges in the supply chain, and inflationary pressures due to high commodity prices. The sharp decline in global trade due to the pandemic last year has given way to recovery as of the end of 2021.

At the same time 2021 was a year in which effects of the climate crisis have become violently concrete with different reflections in almost all parts of the world. Thus, global calls on the fight against the climate crisis have strengthened and collective pursuits and cooperation efforts have intensified. For mitigating the effects of the climate crisis and global warming not to exceed 1.5°C, the orientation towards renewable energy sources gained significant momentum. Transition to low or zero-carbon emission investments has increased in the global economy in the face of climate change. In other words, the new lever of the world economy will be sustainability-oriented changes in the industry and energy arena. There are strong and concrete developments to support these foresights.

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