A meeting of the Turkish Grand National Assembly
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
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
