Green Transition Emphasis for ETS Revenues from TÜRKÇİMENTO

TÜRKÇİMENTO CEO Volkan Bozay stated that the entry into force of the Emissions Trading System Regulation is a turning point in the transition to a low-carbon economy, and emphasized that system revenues must be channeled into the green transition.

Global Competition and Perspective on ETS

TÜRKÇİMENTO CEO Volkan Bozay made evaluations regarding the Emissions Trading System Regulation published last week. Bozay described the entry into force of the regulation as an important turning point in Turkey's transition to a low-carbon economy.

Expectation for a Transparent and Balanced Transition Process

Stating that trade rules around the world are being reshaped around low-carbon production, Bozay expressed that a predictable and transparent transition process is needed for the successful implementation of the system.

Channelling Carbon Revenues into Investments

Drawing attention to the fact that the transformation of industry requires long-term investments, Bozay noted that revenues to be generated from the carbon market should be channeled into R&D and green transition investments.

2053 Net Zero Emission Target

Stating that the ETS is an important transformation tool in line with Turkey's 2053 net zero emission target, TÜRKÇİMENTO announced that it will continue to contribute to mechanisms that will support the sector's competitiveness.