The Ministry of Environment announced the launch of Iraq’s first project by the Carbon Economics Company. This was done in collaboration with the United Nations World Food Program (WFP).
In a significant move, Environment Minister He Lu Al-Askari introduced the mangrove cultivation project in Basra. He highlighted it as a key initiative in Iraq’s efforts to improve its environment and achieve sustainable development. The project aims to contribute to Iraq’s green economy and will also diversify the country’s sources of income through carbon revenues.
Minister Al-Askari emphasized that this project marks a major step forward in Iraq’s environmental efforts. He praised the support provided by United Nations programs, which have bolstered environmental monitoring and work in the country. He expressed hope for continued fruitful cooperation with the UN in addressing Iraq’s environmental challenges.
Abdul Majeed Yahya, the World Food Program’s representative in Iraq, expressed his satisfaction with the project’s launch. He confirmed the WFP’s commitment to providing full support to ensure its success, benefiting both the environment and Iraq’s sustainable development goals.
Nazir Abboud, the technical advisor to the Ministry of Environment and Director of the Carbon Economics Company, noted that the mangrove cultivation project is among Iraq’s most important environmental initiatives. He stressed that the project aims to restore natural systems in Basra. It will also strengthen Iraq’s international role in combating and adapting to the effects of climate change.
This initiative is also part of the broader efforts of the General Company for Carbon Economics. Their aim is to enter the global carbon markets and generate financial returns that will contribute to Iraq’s national economy.
