Iraq’s national carbon market strengthens global climate cooperation and marks a new step in the country’s environmental policy. The government officially launched this initiative during the COP30 conference in Belém, Brazil. Iraq’s leaders say the project will connect the nation to regional and international carbon trading systems while boosting environmental investment.
During the event, Environment Minister Hêlu Al-Askari announced the establishment of Iraq’s national carbon market. He explained that Iraq wants to play a more active role in global climate action. The new market aligns with Iraq’s long-term strategy to reduce emissions and build a sustainable economy. According to the minister, Iraq’s national carbon market strengthens global climate cooperation through international partnerships and transparent mechanisms.
In his address, Al-Askari reaffirmed Iraq’s strong commitment to the Paris Agreement. He stated that Iraq faces tough environmental challenges, yet it continues to pursue sustainability goals. He thanked Brazil and the United Nations for hosting the global conference and supporting developing countries in climate efforts.
The minister highlighted Iraq’s natural and cultural heritage. He said, “Between the Tigris, the Euphrates, and Iraq’s marshes, mountains, and deserts, we share responsibility for our planet.” This statement reflected Iraq’s deep connection to nature and its desire to protect it.
Al-Askari explained that Iraq submitted updated Nationally Determined Contributions (NDCs) under the Paris Agreement. These include practical steps such as ending gas flaring by 2028, producing 12,000 megawatts of renewable energy, and improving efficiency in the oil sector. Each action supports the shift toward a green and balanced economy.
He added that Iraq’s national carbon market strengthens global climate cooperation by opening new opportunities for investment and environmental innovation. The initiative also aims to connect Iraq with carbon markets across Asia, the Middle East, and Europe. Through this system, Iraq can trade emission credits, fund renewable projects, and attract clean technology investors.
Furthermore, the minister outlined Iraq’s major environmental challenges. These include drought, water scarcity, desertification, and the loss of biodiversity. He mentioned that the country has lost nearly 90 percent of its historic marshlands. This loss affects both wildlife and local communities that depend on these ecosystems.
Despite these challenges, Al-Askari expressed optimism. He said the Iraqi government now places climate action at the center of development plans. It promotes youth participation, supports women in environmental leadership, and encourages scientific research. Collaboration with the United Nations and international partners remains a top priority.
In closing, Al-Askari emphasized that Iraq seeks cooperation instead of isolation. He said Iraq wants to help solve the climate crisis through shared benefits, lower costs, and deeper partnerships. With strong commitment and steady reform, Iraq’s national carbon market strengthens global climate cooperation and sets a model for responsible environmental leadership.