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ARTICLE · 13 NOVEMBER 2024

Draft Regulation On Türkiye's Green Taxonomy Has Been Published

Ozdirekcan Dundar Senocak Ak Avukatlik Ortakligi
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The Ministry of the Environment, Urbanisation and Climate Change of the Republic of Türkiye recently shared with the public a draft regulation on Türkiye's Green Taxonomy (the "Draft Regulation").

TurkeyEnvironment
Ali Osman Ak
Ali Osman Ak
Cagla Deniz Kaleli
Cagla Deniz Kaleli

The Ministry of the Environment, Urbanisation and Climate Change of the Republic of Türkiye recently shared with the public a draft regulation on Türkiye's Green Taxonomy (the "Draft Regulation").

Prepared in line with Türkiye's Green Deal Action Plan, developed to accelerate Türkiye's transition to a low-carbon economy and align with the European Union's climate change policies, the Draft Regulation aims to provide a common language and clear criteria to identify environmentally sustainable investments.

The Draft Regulation targets supporting economic activities aligned with sustainable development goals, promoting green finance, ensuring market transparency and advancing harmonisation with the EU Taxonomy.

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