A) Introduction
The Climate Law No. 7552 ("Law"),
published in the Official Gazette on July 9, 2025 and entering into
force on the same date, serves as Turkey's first comprehensive
framework law providing a legal basis for national policies and
strategies in the fight against climate change. The Law places the
Emissions Trading System ("ETS") at the
core as a market-based instrument to support the achievement of the
net-zero emission target.
While the Law sets out key provisions regarding the ETS, which
is defined as a "national and/or international
market-based mechanism that based on the principle of setting an
upper limit on greenhouse gas emissions in line with the net-zero
emission target and promotes the reduction of greenhouse gas
emissions through the buying and selling of allowances,"
secondary legislation is expected to establish further procedures
and principles for its implementation, including the businesses
covered by the ETS, implementation
