Implications and Opportunities under CORSIA for Turkey

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* Opportunities for Turkey under CORSIA, report (2019)

This report has been prepared to advise the Turkish government on the possible strategies to stimulate the supply position of the domestic carbon credit market towards CORSIA, while securing Turkey’s capacity to meet its energy sector pledges under the PA in an environmentally integral way.

* Opportunities for Turkey under CORSIA, part 1 – introduction (2019)

This presentation is the introduction presentation. Topics included are Turkey and the Paris Agreement, Carbon Markets, Background on Aviation’s Climate Action and CORSIA.

* Opportunities for Turkey under CORSIA, part 2 – Carbon Credits (2019)

This presentation is the introduction presentation. Topics included are, which carbon credits are eligible? Carbon projects, project cycle, credit standards and considerations for CORSIA

* Opportunities for Turkey under CORSIA, part 3 – Supply and Demand Potential (2019)

This presentation is the introduction presentation. Topics included are demand scenarios from aircraft operators and supply scenarios from carbon projects, international and domestic
.


* Opportunities for Turkey under CORSIA, part 4 – Trading Carbon Credits (2019)

This presentation is the introduction presentation. Topics included are overview of registries, carbon market exchanges, pricing and procurement strategies.


National Level Support


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* Turkish Carbon Market Options, report (2012)

This report outlines a number of options for growth in the Turkish Carbon Market. It includes both (i) identification of main barriers currently hindering the development of the market; and (ii) setting opportunities for overcoming current barriers while creating avenues for further unlocking the country's carbon market potential.

* Neutral ERPA Template (2013)

This document contains an Emission Reduction Purchase Agreement (ERPA) template, which is structured as neutral for both the selling and buying party.

* Primary ERPA Back-to-Back Template (2013)

This document contains an Emission Reduction Purchase Agreement (ERPA) template for the sale and purchase of primary carbon credits, which together with the use of the "Secondary ERPA Back-to-Back Template" would limit risk exposure for the buying party under this agreement.

* Secondary ERPA Back-to-Back Template (2013)

This document contains an Emission Reduction Purchase Agreement (ERPA) template for the sale and purchase of secondary carbon credits, which together with the use of the "Primary ERPA Back-to-Back Template" would limit risk exposure for the selling party under this agreement.

* ERPA User’s Guide (2013)

This document serves to guide the user of Emission Reduction Purchase Agreement (ERPA).

* Annex to ERPA User’s Guide (2013)


* Results Modelling Impacts of CBAM on Turkish Economy

This document is an annex to the "ERPA User's Guide".


This document presents the oucomes of a study on the implications of the EU Carbon Border Adjustment Mechanism (CBAM) on Turkey.


Carbon Projects


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* Leaflet Sena Hydro Power Project

Information Leaflet on Carbon Project Sena HEPP.

* Leaflet Edincik Wind Power Project

Information Leaflet on Carbon Project Edincik WPP.

* ACM List (2012)

This report sets out a list of Approved Carbon Methodologies (ACM) applicable and most relevant to the development of Turkish emission reduction projects.

* Revised Methodology (2016)

Revision of CDM methodology ACM0002 for geothermal energy projects with binary or closed-loop heat exchange systems.


Banks and the Carbon Market


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* Carbon Market Services for Banks – Summary of a Legal and Regulatory Review (2013)

Summary of review on whether and how banks can provide carbon market services under the current Turkish legal and regulatory framework.


* Carbon Market Regulation and Oversight – International Experiences and Considerations for Turkey (2014)

This paper seeks to support Turkish financial regulators in understanding the multiple options for regulation of carbon market activities by banks in Turkey. The analysis assesses international carbon market regulation experience in four leading jurisdictions (US, Europe, China and Brazil) and provides a number of lessons that can guide the Turkish regulator in understanding the options available and their implications.

* Carbon Market Services for Banks Booklet (2017)

This booklet intends to inform stakeholders on the types of products financial services providers can offer in the field of carbon markets and climate finance.

* Internal Carbon Pricing and Climate Finance Tracking for Banks – Implementation Guidance Report (2017)

This report serves to inform Turkish banks about possible ways of determining an internal carbon price, including assessing the relevance of regulatory pricing, abatement cost pricing, social cost pricing, and peer pricing. Secondly, this report also aims to inform banks on different approaches to climate finance tracking and recommends on how a bank can develop its climate finance tracking framework.

* MRV Note for Financial Institutions (2020)

The objective of this application note is to inform financial institutions on the implications of adopting greenhouse gas (GHG) monitoring, reporting and verification (MRV) procedures at the institutional level.