Environment Ministry: Green Climate Fund Approves $1.3 Billion in Financing for Iraq's Climate Program
Baghdad-INA
Minister of Environment Hallo Al-Askari announced on Thursday that the Green Climate Fund (GCF) has approved the Iraqi climate finance program, with a total cost of $1.3 billion.
Al-Askari said in a statement received by the Iraqi News Agency (INA): that "The Green Climate Fund (GCF) has approved the Iraqi climate finance program, with a total cost of $1.3 billion, to finance climate change mitigation and adaptation projects, as part of national financing that includes all Iraqi governorates, including the Kurdistan Region."
Al-Askari explained that "this program represents a comprehensive national proposal to secure climate finance for multi-sector projects, including the Ministries of Agriculture, Municipalities, Water Resources, and others."
He considered that "this achievement reflects the Iraqi government's commitment to achieving climate goals and indicates the growing international interest in Iraq and potential support from development partners."
The Minister of Environment emphasized that "this climate funding does not belong solely to the Ministry of Environment, but rather is a joint national allocation that serves all parties involved in addressing the challenges of climate change in Iraq."
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