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[size=36]The Central Bank allocates a trillion dinars to support clean energy[/size]
political| 03:27 - 04/18/2022
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Baghdad - Mawazine News
, Monday, the Central Bank of Iraq allocated an amount of one trillion dinars to support clean energy, while the Investment Authority indicated that the government signed an agreement with international companies to establish 7.5 gigawatts through solar energy.
The Iraqi Banks Association stated in a statement, "The Association of Iraqi Private Banks organized a symposium entitled "Concepts of renewable energy in Iraq to achieve the principles of transition towards a green economy" in the presence of the Minister of Environment, Chairman of the Investment Authority and Deputy Governor of the Central Bank, noting that "the symposium was attended by the Director of the Department of The organizations in the General Secretariat of the Council of Ministers, Ashraf Al-Dahan, the representative of the Secretary-General of the Council of Ministers, Ali Al-Shahristani, the Director General of the Integrity Commission, Muhammad Muften, as well as the head of the Martyrs Fund, Abdul-Ilah Al-Naeli.
She added, "The discussion session was moderated by the former Iraqi ambassador to the UAE, Zaid Izz Al-Din, and was attended by the Minister of Environment, Jassem Al-Falahi, the head of the Investment Authority, Suha Al-Najjar, and the Deputy Governor of the Central Bank, Ihsan Al-Yasiri."
Environment Minister Jassem Al-Falahi said that "Iraq is classified as one of the countries in the world most affected by climate changes due to the presence of serious problems related to water security, which has increased levels of desertification and dust storms."
He stressed that "the ministry has been working with the Central Bank for several months on its national initiative to support electricity through solar energy and the transition towards a green economy," noting that "renewable energy is the next economy, and I call on businessmen and investors to move seriously towards a green economy."
While the Deputy Governor of the Central Bank, Ihsan Shamran Al-Yasiri, said, "The Central Bank has tended, since the beginning of last year, in cooperation with the Ministry of Environment, to invest in the fields of green economy and renewable energy in Iraq, and work has begun to form a committee for renewable energy, after which the approval of the Governor of the Central Bank on Launching an initiative worth one trillion dinars.
He added that "the Central Bank decided that the loans granted with an administrative commission only target all sectors of housing and business," noting that "the establishment of the solar energy system will contribute to improving the environment and reducing risks."
He stressed that "the device of standardization and quality control will carry out the task of examining the devices that traders will import from outside Iraq."
In turn, the head of the Investment Authority, Suha Al-Najjar, said that "the Investment Authority greatly supports clean energy projects," explaining that "
And she added, "The Central Bank provided the necessary funds to invest in energy," calling on international and local companies to "invest the Central Bank's initiative to establish solar power plants."
She stressed that "the Investment Authority is ready to support all environmentally friendly projects, and that Iraq is a promising environment in this field, but on the condition that these projects are technologically advanced and able to achieve profit and protect the environment at the same time." Ended 29 / h
, Monday, the Central Bank of Iraq allocated an amount of one trillion dinars to support clean energy, while the Investment Authority indicated that the government signed an agreement with international companies to establish 7.5 gigawatts through solar energy.
The Iraqi Banks Association stated in a statement, "The Association of Iraqi Private Banks organized a symposium entitled "Concepts of renewable energy in Iraq to achieve the principles of transition towards a green economy" in the presence of the Minister of Environment, Chairman of the Investment Authority and Deputy Governor of the Central Bank, noting that "the symposium was attended by the Director of the Department of The organizations in the General Secretariat of the Council of Ministers, Ashraf Al-Dahan, the representative of the Secretary-General of the Council of Ministers, Ali Al-Shahristani, the Director General of the Integrity Commission, Muhammad Muften, as well as the head of the Martyrs Fund, Abdul-Ilah Al-Naeli.
She added, "The discussion session was moderated by the former Iraqi ambassador to the UAE, Zaid Izz Al-Din, and was attended by the Minister of Environment, Jassem Al-Falahi, the head of the Investment Authority, Suha Al-Najjar, and the Deputy Governor of the Central Bank, Ihsan Al-Yasiri."
Environment Minister Jassem Al-Falahi said that "Iraq is classified as one of the countries in the world most affected by climate changes due to the presence of serious problems related to water security, which has increased levels of desertification and dust storms."
He stressed that "the ministry has been working with the Central Bank for several months on its national initiative to support electricity through solar energy and the transition towards a green economy," noting that "renewable energy is the next economy, and I call on businessmen and investors to move seriously towards a green economy."
While the Deputy Governor of the Central Bank, Ihsan Shamran Al-Yasiri, said, "The Central Bank has tended, since the beginning of last year, in cooperation with the Ministry of Environment, to invest in the fields of green economy and renewable energy in Iraq, and work has begun to form a committee for renewable energy, after which the approval of the Governor of the Central Bank on Launching an initiative worth one trillion dinars.
He added that "the Central Bank decided that the loans granted with an administrative commission only target all sectors of housing and business," noting that "the establishment of the solar energy system will contribute to improving the environment and reducing risks."
He stressed that "the device of standardization and quality control will carry out the task of examining the devices that traders will import from outside Iraq."
In turn, the head of the Investment Authority, Suha Al-Najjar, said that "the Investment Authority greatly supports clean energy projects," explaining that "
And she added, "The Central Bank provided the necessary funds to invest in energy," calling on international and local companies to "invest the Central Bank's initiative to establish solar power plants."
She stressed that "the Investment Authority is ready to support all environmentally friendly projects, and that Iraq is a promising environment in this field, but on the condition that these projects are technologically advanced and able to achieve profit and protect the environment at the same time." Ended 29 / h
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