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EnglishNational Climate Law: New Steps Towards Turkey’s Climate Goals
The National Climate Law submitted to the Turkish Grand National Assembly reinforces our country's determination to combat climate change. This bill includes many important regulations including greenhouse gas emissions, climate strategies and the emissions trading system. Here are the main points of the bill:
Greenhouse Gas Emissions and Penalties
The new law foresees heavy penalties between 500 thousand TL and 5 million TL for those who do not submit verified greenhouse gas emission reports on time. In addition, it is planned to impose a fine of 2 million 500 thousand TL on those who use, import or trade substances that deplete the ozone layer. These regulations aim to create a strong control mechanism in the fight against climate change.
Climate Change Strategies and National Contribution Declaration
A 20-article draft law, defined as Turkey's first Climate Law, is being created with the law. The Climate Change Presidency will prepare the National Contribution Declaration document, which includes greenhouse gas reduction and climate change adaptation targets, and submit it to the United Nations. This document will allow Turkey to clearly express its climate targets in the international arena.
Emission Trading System (ETS)
The new law foresees the establishment of an Emission Trading System (ETS) by the Climate Change Presidency. This system, which will be operated by the Electricity Market Operation Inc. (EPİAŞ), will provide revenues that will be used only for green transformation and combating climate change. The greenhouse gas emission permits of businesses that fail to fulfill their allocation obligations by at least 80% for 3 consecutive years will be canceled and new permits will not be issued for 3-6 months.
Border Carbon Adjustment Mechanism (BACDM)
A Border Carbon Adjustment Mechanism (BACDM) is planned to be established in order to monitor the embedded greenhouse gas emissions of goods imported into the Turkish Customs Territory. The details of this regulation will be determined by the Ministry of Trade.
Carbon Market Board
A Carbon Market Board will be established under the chairmanship of the Minister of Environment, Urbanization and Climate. This board will organize climate change policies, strategy documents and action plans.
Pilot Period in ETS
It is stated that businesses within the scope of ETS will be required to obtain a greenhouse gas emission permit within 3 years from the enactment of the law. In addition, during this period when the pilot application process is foreseen, administrative fines will be applied with an 80% discount.
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The National Climate Law stands out as an important step in Turkey's achievement of its climate targets. With this law, it is aimed to reduce greenhouse gas emissions, fulfill international commitments and accelerate the green transformation process. As Hexagraphene, we are proud to be a part of this process and contribute to the development of sustainable technologies.
