Turkey plans landmark climate law
Country inches closer to enshrining net-zero efforts into law and establishing carbon market as it eyes impact of EU’s border tax
When the Turkish authorities announced a 2025 launch date for the country’s first domestic emission trading system (ETS), the assumption was that much of the groundwork would be established this year. Rumours circulated that the historic Climate Law, a legal framework to help combat climate change, would reach the Turkish Grand National Assembly before the summer recess. Fast forward to today, and beyond a few initial draft versions, concrete details have still yet to emerge. In May, the government released its Climate Change Mitigation Strategy and Action Plan, again highlighting ambitions to establish an ETS, but failed to pin down when the Climate Law would be passed. “It is not clear whe
Also in this section
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth