Turkey Approves Carbon Market Launch to Meet 2053 Net-Zero Goal

Post Views: 334 Carbon market Turkey’s Carbon Market Marks Major Climate Policy Shift Turkey has approved a national carbon market to meet its long-term climate goals. On July 2, the Turkish parliament passed its first-ever climate law. This legislation creates a national emissions trading system (ETS) tied to the 2053 net-zero emissions target. Companies under the ETS must obtain greenhouse gas permits within three years. The government will launch a pilot phase before full rollout. A new Carbon Market Council will lead implementation and oversight. The council will manage policy planni...