Insights
Clear definitions of the sustainability, climate, and ESG terms that matter most — from CBAM and CSRD to SBTi and PCAF. Written by Semtrio's advisory team.
The Monitoring Plan is the regulator-approved document in which a Türkiye ETS installation describes how it will monitor and report its greenhouse gas emissions — the emission chain ('what did you emit?'). It is distinct from the Monitoring Methodology Plan, which covers the allocation chain.
Monitoring, Reporting and Verification (MRV) is the process by which an installation systematically measures its greenhouse gas emissions, reports them annually and has them verified by an independent body; it forms the data backbone of an emissions trading system.
A National Allocation Plan is the official document that determines the total quantity of emission allowances for a trading period and how they are distributed — free of charge or by auction — among installations and sectors covered by the Türkiye ETS.
A Nationally Determined Contribution (NDC) is the climate action plan each country submits under the Paris Agreement, setting out its emissions-reduction target and the measures it will take, updated every five years with increasing ambition.
Nature-based solutions are actions to protect, conserve, restore or sustainably manage ecosystems that address societal challenges effectively while simultaneously benefiting biodiversity and human wellbeing.
Net zero refers to a state in which an organization's greenhouse gas emissions are reduced as far as possible along a science-consistent 1.5°C pathway, with any remaining residual emissions balanced by an equivalent volume of permanent, verified carbon removal — such that the organization makes no net addition of greenhouse gases to the atmosphere.
If you're working through a regulatory framework or sustainability challenge and need clarity on a specific term or concept — our team is here to help directly.
