Alparslan Bayraktar, Turkey’s Minister of Energy and Natural Resources, has stated that Turkey’s national Emissions Trading System (ETS) will be implemented next year and that the system will be carried out by Enerji Pazarlamaları İşletme A.Ş., according to media reports.
The system, the framework of which will be formed within the implementation of Turkey’s Climate Law, which is currently in draft form, will be developed in line with the EU’s Carbon Border Adjustment Mechanism. The minister emphasized that carbon pricing is one of the most important instruments to combat climate change.
Noting that Turkey aims to achieve zero carbon emissions by 2053, Mr. Bayraktar said that this target creates extra difficulties for developing countries like Turkey.
The country’s Emissions Trading System will cover the industry, energy and civil aviation sectors.
