Climate Law No. 7552, which entered into force in Turkey in 2025, provides for the establishment of a national emissions trading system. The system also matters for exporters given the EU's Carbon Border Adjustment Mechanism.
Source: 7552 sayılı İklim Kanunu
Related terms
Carbon Border Adjustment Mechanism (CBAM)An EU regulation that puts a price on the embedded carbon emissions in the production of certain goods imported into the European Union.Carbon footprintThe total greenhouse gas emissions caused by an organisation, product or activity, expressed in carbon dioxide equivalent (tCO₂e).Scope 1, 2 and 3 emissionsThe classification of greenhouse gas emissions by source into direct emissions (Scope 1), indirect emissions from purchased energy (Scope 2) and other indirect emissions in the value chain (Scope 3).Climate-related risksThe potential effects on a company's financial position of physical risks arising from climate change and transition risks arising from the shift to a low-carbon economy.Double materialityAssessing sustainability matters both in terms of their effect on the company's financial position (financial materiality) and the company's impact on the environment and society (impact materiality).ESGShort for environmental, social and governance factors, used to assess companies' sustainability performance.
Last updated: October 31, 2026 · This definition is for general information only.