- Introduction
The European Green Deal ("the Deal"),
published by the European Union ("EU"),
is a growth strategy aiming to make Europe the first
climate-neutral continent by 2050. In this context, the EU has
established a classification system called the "EU
Taxonomy" to help identify environmentally sustainable
economic activities and to direct investments toward sustainable
activities. In the EU Taxonomy, environmentally sustainable
economic activities are defined as activities that
"contribute substantially to at least one of the EU's
climate and environmental objectives, do not significantly harm any
of these objectives, and meet minimum safeguards."
To facilitate the transition to a low-carbon economy and align
with the EU Taxonomy, Türkiye published the Green Deal Action
Plan in 2021. This plan aims to implement environmental
sustainability and green economy transition policies in
Türkiye. Accordingly, the Ministry of Environment,
Urbanization and
