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The Central Bank discusses with banks the controls of the renewable energy initiative
December 23, 2021
The Central Bank discusses with banks the controls of the renewable energy initiative
Under the patronage of His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, the Central Bank of Iraq organized a discussion seminar on the initiative to finance electricity generation systems from renewable energy.
The Deputy Governor of the Central Bank said: This initiative opened the door to developing the future of renewable energy in Iraq after coordination with the Ministries of Environment and Electricity.
The Central Bank of Iraq invited representatives of the concerned authorities in the two ministries, governmental and private banks, the Association of Banks and the beneficiaries of its initiative to attend the symposium and discuss the controls for expanding the use of electricity generation systems from renewable energy at the levels of domestic, commercial and industrial use, and financing it in installments for those wishing to benefit from it through an initiative approved by the Bank’s Board of Directors amounted to About a trillion dinars.
It is noteworthy that this initiative was launched under the auspices of the Central Bank of Iraq to alleviate the burdens of energy shortage on the citizen, reduce carbon emissions into the air and maintain a clean environment in Iraq.
Central Bank of Iraq
information Office
12/23/2021
The Central Bank discusses with banks the controls of the renewable energy initiative
December 23, 2021
The Central Bank discusses with banks the controls of the renewable energy initiative
Under the patronage of His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, the Central Bank of Iraq organized a discussion seminar on the initiative to finance electricity generation systems from renewable energy.
The Deputy Governor of the Central Bank said: This initiative opened the door to developing the future of renewable energy in Iraq after coordination with the Ministries of Environment and Electricity.
The Central Bank of Iraq invited representatives of the concerned authorities in the two ministries, governmental and private banks, the Association of Banks and the beneficiaries of its initiative to attend the symposium and discuss the controls for expanding the use of electricity generation systems from renewable energy at the levels of domestic, commercial and industrial use, and financing it in installments for those wishing to benefit from it through an initiative approved by the Bank’s Board of Directors amounted to About a trillion dinars.
It is noteworthy that this initiative was launched under the auspices of the Central Bank of Iraq to alleviate the burdens of energy shortage on the citizen, reduce carbon emissions into the air and maintain a clean environment in Iraq.
Central Bank of Iraq
information Office
12/23/2021
