Dr. Haider Mohammed Makiya Participates in COP29 Climate Conference in Baku

The COP29 Climate Conference commenced in Baku, with the participation of the President of Iraq, alongside the Ministers of Foreign Affairs and Health, and Dr. Haider Mohammed Makiya, Chairman of the National Investment Commission (NIC).

In his address, the President emphasized Iraq’s severe climate challenges, including record-breaking heatwaves, dust storms, and reduced rainfall, leading to shrinking water bodies, declining green spaces, and increasing drought and desertification. He urged major global economies to uphold their climate commitments, stressing the importance of continued efforts from local stakeholders and private sectors, even if some nations step back from their obligations. Collective global action, he stated, is essential for achieving a sustainable future.

The conference aims to reduce greenhouse gas emissions by 43% by 2030 and establish new climate finance mechanisms to support developing countries, particularly those most affected by climate change. It also seeks to encourage major emitters to set ambitious reduction targets and propose regulations to enhance international carbon markets.

During the event, the National Investment Commission presented a portfolio of renewable energy projects, including initiatives harnessing wind and solar power and waste-to-energy technologies. Additionally, the NIC unveiled a Climate Investment Plan (CIP), developed in collaboration with experts from the United Nations Development Programme (UNDP). The plan focuses on combating desertification, ensuring food security, and promoting sustainable agricultural projects across Iraq’s provinces.