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published and the processes of monitoring, reporting and verification of greenhouse gas emis-
               sions from national/international aviation activities were initiated for Türkiye. A data manage-
               ment system, which enables the collection and evaluation of greenhouse gas emission data
               arising from national and international aviation activities, was prepared, tested and made ready
               for use.

               In addition, the revision of the modular data management system that will enable information
               exchange for the MoEUCC was also realized. With the publication of the By-Law, the system
               became operational and was able to monitor greenhouse gas emissions from aviation activities.
               In addition, a guideline for aircraft operators and verification bodies on monitoring, reporting
               and verification of greenhouse gas emissions specific to the aviation sector was also developed.

               Capacity Building Project on Monitoring, Reporting and Verification of Greenhouse Gas Emis-
               sions (IRD) is being implemented with the German Agency for International Cooperation (GIZ)


               B.8. Studies on Emission Trading in Türkiye

               The main purpose of the National Emission Trading System, which is being prepared by the Di-
               rectorate of Climate Change, is to support the 2053 Net-Zero Emission target with an econom-
               y-based mechanism recognised by developed countries and to protect the competitiveness
               of the Turkish economy and industry against the European Union’s Carbon Border Adjustment
               Mechanism. In addition, with the establishment of the National Emissions Trading System, the
               targets set out in the 12  Development Plan (2024-2028) and Medium Term Programme (OVP)
                                     th
               (2024-2026) will also be achieved.
               In April 2021, the Letter of Intent regarding the Partnership for Market Implementation (PMI)
               Programme participation request was submitted to the World Bank, and the Project, whose
               application was accepted in January 2023, was published in the Official Gazette on 12 December
               2023 and became effective as of 08.01.2024. The overall objective of the Partnership for Market
               Implementation (PMI) Project is to support Türkiye in the development and implementation of
               carbon pricing mechanisms and to increase the technical and administrative capacity for the
               carbon market.
               Within the scope of the project, announcements were made for the procurement of Consultan-
               cy Services for the Design and Legislation Development of Emission Trading System in Türkiye
               and Consultancy Services for the Economic Modelling of Emission Trading System in Türkiye.
               In addition, the Protocol on the Establishment of a “National Carbon Crediting Programme”
               between the Turkish Standards Institute and the Directorate of Climate Change was signed on
               12 May 2023.
               Within the scope of harmonisation with the European Union, negotiations with the Europe-
               an Union are ongoing and High-Level Climate Dialogue is being conducted with the European
               Commission. Within the scope of the dialogue, a Carbon Pricing Working Group was established.
               There is also an approved EU project to technically improve harmonisation with the EU ETS le-
               gislation, which is expected to start in 2025.

               At the same time, the procedures and principles regarding the Emission Trading System to be
               implemented in Türkiye are being determined by the draft Climate Law and secondary legisla-
               tion.









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