CBI adopts an expanded conference to discuss the dangers of climate change and desertification

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CBI adopts an expanded conference to discuss the dangers of climate change and desertification

 

Based on the responsibility of the Central Bank of Iraq and its cooperation with the relevant institutions, the Central Bank sent a letter to the General Secretariat of the Council of Ministers and many concerned institutions to coordinate holding an expanded conference to discuss the environmental challenges and the significant climate changes facing Iraq, as it is the fifth most vulnerable country to these global changes.

The letter of the Central Bank included a set of essential aspects that the conference will discuss, including international tensions and the negative consequences resulting from climate change, such as the food security crisis, the scarcity of freshwater, energy, and health, as well as the risks of mass displacement, overcrowding and pollution of water sources due to frequent hurricanes.

CBI stressed the need for rapid collective action, the response of the concerned Iraqi institutions, and coordination with countries and international organizations, with the development of an interactive strategy to confront severe environmental challenges. The conference is expected to be held at the end of May.

It is noteworthy that the Central Bank of Iraq has opened great horizons in several aspects of sustainable development and renewable energy.

 

Central Bank of Iraq

Media Office

27 Apr 2022