World Bank: Four sectors to reduce emissions in Iraq
The first 2023/03/16
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Omar Abdul Latif
In compliance with the “Nationally Determined Contributions” document, which required each party to the Paris Agreement to make a contribution to reduce gas emissions, Iraq has identified a number of sectors to mitigate the effects of climate change.
Details of these sectors were revealed to "Al-Sabah" by an official source in the World Bank, explaining that Iraq has taken steps to reduce gas emissions, which included four sectors: "non-oil industries, agriculture, solid waste, and the residential sector," and these measures also apply to the energy sector.
The source added that steps to reduce carbon emissions came through the issuance of green and smart building laws, the issuance of a solar energy law, and the operation of new power plants that use natural gas instead of heavy oil fuel. into energy.
He pointed out that the Nationally Determined Contributions Document carries a wide and ambitious list of measures and actions aimed at reducing carbon emissions, noting that Iraq in 2017 adopted a global initiative launched by the World Bank to stop gas flaring by 2030.
He added that the Iraqi government approved a new framework for the natural gas market in 2018, by providing a contractual and regulatory environment to attract the private sector towards investment to convert gas into energy, but this framework was not implemented despite its approval, and instead resorted to negotiations with investors. It has not been translated into more than memorandums of understanding.
Edited by: Abdul Rahman Ibrahim
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