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Governor of the Central Bank: We seek to enhance the concept of financial inclusion and green economy financing
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Economy News _ Baghdad
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Added 04/27/2023 - 10:27 AM
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Economy News _ Baghdad
The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that on the Arab Day for Financial Inclusion, and under the slogan (promoting financial inclusion to support efforts to confront the repercussions of climate change), the Central Bank seeks to enhance financial inclusion by taking the necessary measures to finance the green economy.
Al-Alaq said in a speech on the occasion of the week of financial inclusion, which was seen by "Al-Iqtisad News", that the Central Bank seeks to enhance the concept of financial inclusion and financing the green economy, and this comes in conjunction with the recommendations of the Iraq Climate Conference to reduce the risks of climate change to the country. International data has classified Iraq as one of the Five countries most affected in the world by these changes.
He added that the bank supports the government program in finding sustainable solutions to reduce climate change and desertification, and from this standpoint we have launched an initiative to finance renewable energy projects, indicating that the bank is working to urge the financial and banking sector to support projects and sectors that contribute to providing environmentally friendly services and products.
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Added 04/27/2023 - 10:27 AM
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