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12/03/2024
After EU Commission's first decision on Carbon Contracts for Difference,...
The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Fol­low­ing the...
11/03/2024
Adoption of MiFID 3 and MiFIR 2 to enhance transparency on markets in financial...
On 8 March 2024, Regulation 2024/791 amending Regulation (EU) No 600/2014 (MiFIR) and Directive 2024/790 amending Directive 2014/65/EU (MiFID 2) on markets in financial instruments were published in the...
07/03/2024
Renewable energy in Turkey
1. Introduction  Türkiye is deeply committed to the pursuit of a sustainable future, placing a strong emphasis on renewable energy and energy efficiency. In recent years, the country has made remarkable...
05/03/2024
Plastics and packaging laws in Turkey
1. What is the general legislative framework regulating packaging and plastics waste? The general legal framework for the regulation of packaging and plastic waste is defined by: Environmental Act No...
Comparable
04/03/2024
A new era in Sustainability Reporting in Türkiye
Türkiye has recently taken a major step towards mandatory corporate sustainability reporting. The Turkish Sustainability Reporting Standards (“TSRS”) were published in the official gazette on 29...
01/03/2024
Environmental and social factors in mining: a spotlight on Colombia
Environmental and social considerations have been critical to the business of mining since long before the term ESG gained its current popularity. Mining activities are politically sensitive because they...
01/03/2024
Pre-conditions to arbitration and the FIDIC 2nd Edition
Amendments to the FIDIC 2nd Edition contracts published in November 2022 have narrowed the definition of “Dispute” to more closely align it with the pre-conditions to DAAB and arbitration proceedings...
29/02/2024
TTBER to expire in 2026 – changes in sight?
The current 2014 TTBER, Commission Regulation (EU) No 316/2014 of 21 March 2014 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of technology...
27/02/2024
Driving the change Exploring the electric vehicle revolution in Türkiye
Electric vehicles ("EVs") offer a tangible opportunity to decarbonize transport and create a more efficient mobility ecosystem that complements the EU's green transformation policy goals. By investing...
23/02/2024
The CBAM – what is it and how will it affect the market?
Regulation (EU) 2023/956 establishing a carbon border adjustment mechanism (CBAM) entered into force on 17 May 2023. The implementation of the CBAM has been divided into a transitional period (from 1...
14/02/2024
Recognition and enforcement of foreign judgments in Turkey
1. Is there an exequatur procedure? Yes, judgments rendered by a foreign arbitral tribunal or a court are recognized and enforced in Turkiye via a judgment of a competent Turkish court provided that such...
09/02/2024
ESMA reports on impact-washing concerns around funds focused on the United...
IntroductionOn 1 February 2024, the European Securities and Markets Authority (ESMA) published an article on the efficiency of funds focused on the United Nations Sustainable Development Goals (SDG)...