The Central Bank of Iraq organizes a specialized workshop on climate change, desertification and nat

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The Central Bank of Iraq organizes a specialized workshop on climate change, desertification and national security

 

Today, Thursday, the Central Bank of Iraq, in cooperation with the Ministries of Environment, Agriculture and Water Resources, the Association of Iraqi Private Banks and the private sector, organized a specialized workshop on climate change, desertification and national security.
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makheeb, said during a speech at the opening of the workshop, that climate change, desertification and water shortage represent a frightening trinity that has introduced humanity and its official and societal bodies with the utmost caution and caution because it threatens its national security and the future of its generations, but also its present.
His Excellency added, that the Central Bank of Iraq has intervened through financial facilitation measures and development initiatives, the total of which has exceeded (17) trillion so far, pointing out that when we studied with the Ministry of Environment the risks of climate change and thermal emissions, we decided to face challenges related to clean energy and sustainability. We also launched an initiative to finance the purchase of Generating units of electricity from renewable energy at an amount of (1) trillion dinars.
In turn, their Excellencies the Ministers praised during the workshop the initiatives of the Central Bank of Iraq and the [You must be registered and logged in to see this link.] it gives towards heading towards a green economy, reviewing the danger of climate changes to the future of Iraq and the countries of the world, stressing the need to combat those climate changes by investing in the environmental aspect.
At the conclusion of the workshop, a number of recommendations were established, most notably the need for cooperation of all government institutions and the private sector to confront the risks of climate change and desertification, raise awareness of taking official and societal measures, encourage the public to switch to using sources of electricity generation from renewable energy, and provide the necessary financial [You must be registered and logged in to see this link.] to all sectoral ministries in order to Rationalization of water use.
A number of ambassadors of Arab and foreign countries and representatives of international institutions, in addition to representatives of ministries and some governorates and directors of relevant authorities, participated in the workshop.

Central Bank of Iraq
Media Office
16 - June - 2022
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