Türkiye's first Climate Law was passed by the Grand
National Assembly of Türkiye on the night of July 2nd.
The Law regulates issues such as combating climate change,
mitigation and adaptation targets, establishing an emissions
trading system, voluntary carbon markets, allowances and permitting
for greenhouse gas emissions, revenue budgeting, as well as audits
and penalties for enforcement thereof.
The objective delineated in the Law is to regulate the
mitigation of greenhouse gas emissions, facilitate adaptation to
climate change, and oversee the planning and implementation of
strategies to address climate change in alignment with the vision
of green development and the target of achieving net zero
emissions.
