The Türkiye Emissions Trading System Regulation (the “Regulation”) was published in the Official Gazette No. 33353 dated August 27, 2026, and entered into force on the same date. Pursuant to the Climate Law No. 7552 (the “Climate Law”), the Regulation sets out the fundamental rules governing the scope of the Türkiye Emissions Trading System (“ETS”), greenhouse gas emissions permits, monitoring, reporting and verification, the allocation of allowances, and the operation of the market.
The Regulation repeals the Regulation on the Monitoring of Greenhouse Gas Emissions, published in the Official Gazette No. 29003 dated May 17, 2014. Below, you can find the summary of the key obligations applicable to businesses and the principal changes compared with the Draft Regulation on the Türkiye Emissions Trading System (the “Draft Regulation”), which was published for public consultation on July 22, 2025.