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Economy News _ Baghdad
Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, confirmed today, Monday, Iraq’s commitment to protecting the climate and preserving the environment, pointing to promising projects within the government’s approach to investing associated gas and converting it into clean energy.
A statement from the Ministry of Oil, received by Al-Iqtisad News, stated that “Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayyan Abdul-Ghani, participated in the first dialogue session of the Climate Week in the Middle East and North Africa for the year 2023, along with the oil and energy ministers of the Kingdom of Saudi Arabia and India.” And the United Arab Emirates.
He added, "The first session dealt with enhancing comprehensive participation and the circular economy to achieve fair and equitable energy transitions."
Abdul-Ghani said, "Iraq's economy depends on revenues from oil, so Iraq has taken important steps in reducing emissions and preserving the climate and environment, in addition to supporting projects to transition toward renewable energy, and adhering to the standards and specifications that have been approved in this framework."
He pointed out that “the promising projects implemented by the government and the ministry are within the government’s approach to invest associated gas and convert it into clean energy, in addition to projects to invest in solar and renewable energy in generating electrical energy.”
It is noteworthy that Climate Week in the Middle East and North Africa region is one of four regional climate weeks organized by the secretariat of the United Nations Framework Convention on Climate Change in cooperation with its global partners, the United Nations Development Programme, the United Nations Environment Programme, and the World Bank Group.
It aims to discuss issues, challenges and opportunities related to climate change, and express opinions on them, collectively, so that they can be taken into account within the global assessment that will take place at the twenty-eighth Conference of States Parties to the United Nations Framework Convention on Climate Change (COP28), which will be held at the end of November. Next in the United Arab Emirates.
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