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14 January 2025
Coordinated by the Directorate of Climate Change, the Green Transition and Carbon Border Adjustment Mechanism (CBAM) information and consultation meetings continued in Bozüyük following the sessions held in Bursa.
Hosted by the Bozüyük Chamber of Commerce and Industry, the meeting sought to strengthen the awareness and implementation capacity of Türkiye’s industrial sector in the context of the fight against climate change, with a particular focus on the Green Transition and CBAM. The sessions addressed the themes “The Green Transition and the Carbon Border Adjustment Mechanism” and “National Taxonomy, the Green Transition in Industry, and Green Transition Finance Instruments.”
At the meeting, which opened with remarks by Deputy Director of Climate Change Mehrali Ecer, panelists examined in detail the topics “Green Transition in Industry, Finance Instruments, and Taxonomy,” “National Green Taxonomy,” “Green Transition in Industry,” “Green Transition Finance,” “Green Transition and the Carbon Border Adjustment Mechanism,” “Türkiye’s Greenhouse Gas Emissions Monitoring, Reporting, and Verification System,” “Carbon Border Adjustment Mechanism,” “The Relationship Between the ETS and CBAM,” and “Carbon Footprint, CBAM, and Life-Cycle Analysis Calculation Standards and Differences.”
Indicating that the legislative framework for the National Green Taxonomy of Türkiye is currently being prepared, Deputy Director of Climate Change Mehrali Ecer said: “We believe that our Emissions Trading System will operate as a strong mechanism that will contribute to our 2053 net-zero emissions and green transition targets, and we are continuing our work in this direction without interruption.”
Deputy Director Ecer also stressed that Türkiye’s Green Taxonomy is designed as a tool that builds investor confidence, protects investors against greenwashing, and supports companies in directing their investments toward the areas of greatest need, adding, “Through the taxonomy, we also seek to ensure that the financial resources required to deliver the green transition in our country are brought together with green investments.”
Through the Green Taxonomy, a list of environmentally sustainable economic activities is being developed, defining which activities may be considered environmentally sustainable and under what conditions,
thereby aiming to channel finance toward genuinely sustainable investments.
Following earlier information meetings held in Eskişehir, Denizli, Kocaeli, Sakarya, Konya, İzmir, Kayseri, Mersin, Adana, İstanbul, Tekirdağ, Uşak, and Aydın, the program continued in Bozüyük after the Bursa session.