Page 373 - 7. State Of Environment Report Of Türkiye

Table 118 Environmental Protection expenditures (2019-2023) (TURKSTAT, 2024)
Change Compared Share of Investment Ex-
Total Expenditure Investment Expen-
Year to the Previous penditure in Total Expen-
(billion TRY) diture (billion TRY)
Year (%) diture (%)
2019 (r) 38,293 (r) 1.2 6.4 13.6

2020 (r) 41,842 8.9 7.8 14.5
2021 (r) 66,361 59.2 13.6 14.9

2022 140,256 111.4 32.7 15.3

(r) Revised.

I.2. Liability Insurance in the Field of Environment

According to Article 13 of the Environmental Law, those who are involved in the production,
sale, storage, use and transportation of hazardous chemicals and the collection, transportation,
temporary and interim storage, recovery, reuse and disposal of hazardous waste are required to
have hazardous chemical and hazardous waste liability insurance against damages that may be
incurred to third parties due to an accident that may occur due to their professional activities.
The concept of risk also brings with it the concept of insurance, which requires the assurance of
risk. In this sense, environmental liability insurance is used today as a tool in the management
of environmental risks. Organizations with the potential to pollute the environment can insure
their possible environmental risks and the damages that third parties may suffer due to damage
to the environment.

Within the scope of environmental legislation, Coastal Facilities Marine Pollution Compulsory
Liability Insurance General Conditions entered into force on 01 July 2007, Hazardous Substances
and Hazardous Waste Compulsory Liability Insurance General Conditions entered into force on
11 March 2010, and Environmental Pollution Liability Insurance General Conditions entered into
force on 01 September 2011.
With the Coastal Facilities Marine Pollution Compulsory Liability Insurance, the cleaning costs
caused by pollution or pollution risk in the maritime jurisdiction areas consisting of Türkiye’s
inland waters, territorial waters, continental shelf and exclusive economic zone as a result of
an incident originating from coastal facilities, the costs to be incurred for the transportation of
collected waste, damages resulting from injuries and deaths of third parties and damages to
private property are compensated. The number of policies issued for the said insurance in 2023
was 458 and the premium production was realized as 16,977,637 TRY.

Table 119 Coastal Facilities Marine Pollution Compulsory Financial Liability Insurance (Insurance and Private Pension
Regulation and Supervision Authority, 2024)

2020 2021 2022 2023
Number of Policies 512 411 429 458
Premium Amount
(TRY) 8,812,852 9,976,566 15,226,110 16,977,637

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