Türkiye ratified the Paris Agreement in 2021 and set the 2053 net zero target. Climate legislation is developing rapidly.
Turkish Climate Policy
- 2053 net zero target
- 2030 emission reduction targets (NDC)
- Green development plan
- Efforts to establish a carbon market
EU Borderline Carbon Regulation (CBAM)
- Carbon exports to the EU after 2026 tax
- Iron-steel, aluminum, fertilizer, cement, hydrogen, electricity
- Additional cost to Turkish producers
- Türkiye's pressure to impose its own carbon tax
Carbon Market
- Emission Trading System (ETS)
- Pilot application in Türkiye (2024)
- Companies' emissions quotas
- Purchasing quotas in excess
Green Bond
- Financing of environmentally friendly projects
- CMB regulation
- Tax advantages
- Attracting international investors
Liabilities of Companies
- Greenhouse gas emission reporting
- Sustainability report (large companies)
- Supply chain sustainability
- Climate risk assessment
Turkish Courts Approach
The Constitutional Court and the Council of State accept that the "precautionary principle" should be applied in environmental protection cases and that the rights of future generations will also be respected.
Practical Recommendations (Company)
- Carbon footprint calculation
- Sustainability report
- Renewable energy transition
- CBAM preparation (if EU exports)
Environmental and energy law lawyer recommended.