Türkiye is entering a new phase in carbon market regulation. The newly published draft introduces TR KDS and Turquoise Credits, aiming to ensure alignment with voluntary and international markets.
Shortly after the enactment of Türkiye’s first Climate Law, a major step was taken toward a structured carbon market. The Climate Change Directorate has published the Draft Regulation on Carbon Credit Certification and Offset Mechanisms for public consultation.
This regulation aims to lay the legal and operational foundation for a national carbon market while also enabling Türkiye’s participation in voluntary and international carbon markets under the Paris Agreement.
The draft regulation includes several key elements:
Establishment of a legal and administrative framework for the Türkiye Carbon Offset System (TR KDS)
Generation of carbon credits through emission reduction and removal projects
Use of these credits for voluntary commitments and future obligations within an ETS
Authorization mechanisms for internationally recognized credits aligned with the national system
Turquoise Credits
Credits generated under TR KDS will be labeled "Turquoise Credits". Their issuance and tracking will be managed by the Turkish Standards Institution (TSE).
Avoiding Double Counting
Turquoise Credits can only be used within mechanisms that prevent double counting. For international use, a corresponding adjustment in line with the Paris Agreement is required.
Dual Registry System
The regulation introduces two digital registries to ensure transparency:
Türkiye Carbon Offset Registry
Türkiye International Carbon Registry
Temporary ETS Integration
Through pilot implementations and transitional provisions, temporary use of international credits within the ETS will be possible under certain conditions.
Incentives for the Voluntary Market
Additional incentives are planned to support the development of the voluntary carbon market in Türkiye.
This draft is not just a technical step – it reflects a concrete regulatory commitment to Türkiye’s green transition. A comprehensive approach to MRV processes (Monitoring, Reporting, Verification) and registry structures will strengthen both domestic and international credibility.
Feedback on the draft can be submitted by August 18, 2025 to:
[email protected]
Access the full draft:
https://lnkd.in/d5uzEdaU
Source:
Climate Change Directorate – Ministry of Environment, Urbanization and Climate Change of the Republic of Türkiye
Publication date: August 2025
At CO2 Manager, we closely follow legal, technical, and structural developments in carbon markets. Our platform is constantly evolving to help users manage MRV and offset processes in full alignment with both TR KDS and international frameworks.
This new phase offers businesses the opportunity to turn environmental responsibility into a competitive advantage — and we’re here to support that journey.
Prepared by: CO2 Manager Content Team
www.co2manager.eu
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