The Regulation on the Operation of the Turkish Emissions Trading System Market (“Regulation”), published in the Official Gazette dated 21.10.2026 and numbered 33407, establishes the procedures and principles governing the operation of the Turkish Emissions Trading System (“ETS”) market, which is to be established to encourage the reduction of greenhouse gas emissions, including the trading of emission allowances, market participation requirements and the Transaction Registry System.
Ozbilen Aykut Attorneyship