Economy News – Baghdad
The National Investment Authority revealed on Monday an upcoming meeting with the International Finance Organization to present its projects, and while confirming its intensive quest to obtain financing from international banks for sustainable environmental projects, including the “Blue Amonia” project, pointed out that a new draft of the climate investment map may be launched within the next two months, pointing out that it is currently working on 3 projects related to the environment.
“The National Investment Authority cooperates with the International Finance Organization and the private sector to discuss financing environmentally friendly projects,” said the head of the authority, Haider Makiya, in a statement reported by the official news agency, and seen by “Economy News”.
He added, “The Authority will soon hold a meeting with the International Finance Organization to present a range of projects related to climate change and others, with the aim of obtaining funding for their implementation.”
“The Authority is working on many environmental projects at the moment, such as the Blue Ammonia project, which is the first environmental project of its kind in Iraq, in addition to the sustainable forest project, which needs financing, and the waste treatment project to convert it into energy,” noting that “these projects require funding and support from international institutions,” he said.
He stressed that “the authority is also working on preparing a climate investment map, and the final draft may be launched within the next two months.”
He added that “Iraq adopted the establishment of the Green Bank for Sustainable Development project last year, which is specialized in environmentally friendly projects, and will be interested with all projects affecting Iraq,” stressing that “the authority is working hard to obtain the necessary financing from international banks.”
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Added 2024/10/07 – 8:59 PM
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