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ARTICLE · 07 NOVEMBER 2024

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Draft Regulation On Türkiye's Green Taxonomy Is Open For Public Consultation

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The Draft Regulation on Türkiye's Green Taxonomy has been announced and is now available for public consultation by the Directorate of Climate Change, an entity affiliated with the Ministry of Environment, Urbanization, and Climate Change of the Republic of Türkiye.

TurkeyEnvironment
Erva Çolak Tuncel
Erva Çolak Tuncel
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The Draft Regulation on Türkiye's Green Taxonomy has been announced and is now available for public consultation by the Directorate of Climate Change, an entity affiliated with the Ministry of Environment, Urbanization, and Climate Change of the Republic of Türkiye.

Draft Regulation, prepared to support economic activities aligned with sustainable development goals, promote the flow of financing to sustainable investments, and prevent greenwashing in the market, provides guidance on which investments are environmentally sustainable by offering a common language and clear definitions for this purpose. Another objective is to adapt the conditions supplied by the EU Taxonomy to Türkiye.

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