Artificial Intelligence-Supported Green Financing Solutions for Sustainable Development: The Case of Turkey

Abstract

This paper attempts to analyze how artificial intelligence supported green financing could help advance the sustainable development goals (SDG) in Turkey. This paper discusses Turkey’s current situation on green finance through literature review and secondary data analysis and the implementation of AI in the financing processes. The research demonstrates that AI driven solutions might contribute to less investment risks, data driven decision making processes and the optimization of resource allocation. Still, a lack of awareness, technical infrastructure deficiencies and regulatory gaps limit the process. Recommending enhancing regulatory frameworks, increase public private partnerships, and enhance technological capacity to expand the use of AI supported green finance in Turkey, the study provides recommendations. For literature, and for other developing countries, this is an important contribution to the study in this context.