Environmental partnership in Iraq, Iraq is making progress on climate goals through a new partnership aimed at reducing emissions and restoring ecosystems. BB Energy’s Renewable Energy Division signed a Memorandum of Understanding (MoU) with Iraq’s General Company for Carbon Economics (GCCE). This important agreement was finalized during the country’s first Conference on Carbon Economics.
As a result, the environmental partnership in Iraq now aims to create impactful projects that target carbon offset and environmental renewal. BB Energy and GCCE will jointly implement these projects, which will generate environmental credits for Iraq. These credits will help Iraq move toward a low-emissions economy while boosting sustainability.
Moreover, GCCE will coordinate and manage national efforts to meet environmental targets. The organization plays a key role in Iraq’s green transition. Meanwhile, BB Energy contributes decades of expertise in launching environmental credit programs across the Middle East and North Africa.
Notably, senior executives from BB Energy—Ziad Monla, Bashir Bassatne, Philip Hardwick, and Adrian de Mahieu—attended the signing ceremony. In addition, the company thanked Prime Minister Mohammed Shia Al-Sudani for his ongoing support and acknowledged the event organizers.
Furthermore, this partnership outlines clear strategies for Iraq’s climate roadmap. These include expanding renewable energy, increasing forestation, and rehabilitating degraded lands. Through these efforts, Iraq will not only reduce emissions but also restore biodiversity and natural habitats.
Importantly, the environmental credits will allow Iraq to enter carbon markets and attract foreign investment. In turn, this can boost local economies and create green jobs, especially in rural areas.
The environmental partnership in Iraq also promotes public-private cooperation in solving environmental problems. This collaboration sets a model for other nations in the region. By uniting government agencies and energy leaders, Iraq increases its chances of success in climate policy.
Even though Iraq faces ongoing environmental challenges, this agreement shows strong momentum toward green progress. By focusing on practical solutions, Iraq can both protect nature and strengthen its economy.
Looking ahead, BB Energy and GCCE plan to begin projects soon. They expect to share updates with both investors and the public. As a result, Iraq’s position in global climate action continues to grow stronger.
Ultimately, the environmental partnership in Iraq shows that national ambition and international cooperation can drive real environmental change.