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Central Bank of Iraq and the support of renewable energy in Iraq

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ikea


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Central Bank of Iraq and the support of renewable energy in Iraq

September 16, 2021

 
Iraqi Central Bank organized a workshop to support the use of renewable energy sources in Iraq.

The workshop discussed opportunities for the use of renewable energy generation and the contribution of the Central Bank initiative funded thus contributing to the strengthening of the national economy.

The Deputy Governor of the Central Bank in a speech during the workshop, that the Bank is committed to enriching Iraq's economy and support by adopting initiatives that contribute to reducing waste in state funds and leave the reliance on traditional sources of electricity generation.

The deputy governor added that the banks and insurance companies to contribute actively to provide the best deals for citizens in the field of energy, with the pursuit of consumer awareness in the renewable energy advantage in terms of costs, and the preservation of the environment.

And it gave each of the head of the Central Agency for Standardization and quality control of Baghdad and director of the Center for Renewable Energy and Sustainability and Rguetehma on this important topic.

The workshop was attended by representatives of banks, insurance companies and a number of investors and those interested in this matter.

The Central Bank launched an initiative to finance access to production units of energy from renewable sources in collaboration with the Ministry of Environment and the Higher Committee for lending through the banking sector.


Central Bank of Iraq
information Office
September 16, 2021

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