Tag Archives | Carbon credits

Carbon Finance in Focus at Iraq's COP31 Pavilion

By John Lee. Iraq's pavilion at the 31st UN Climate Conference (COP31) highlighted pathways for financing climate projects, with a focus on carbon finance and sovereign guarantees as tools for attracting investment and partnerships. According to the Ministry of Environment, the sessions underscored how emissions-reduction commitments can be converted into investable opportunities, with carbon finance […]

Iraq signs Gas Flaring Deal with US Firm

By John Lee. A memorandum of understanding (MoU) has been signed between Iraq's General Company for Carbon Economics (GCCE) and US-based Morgan Hughes Energy (MHE), aimed at developing projects to capture and utilise low-pressure associated gas currently being flared at oil production sites across Iraq. The agreement was signed under the patronage of Minister of […]

UK/UAE Firm signs MoU with Iraq's Carbon Agency

By John Lee. BB Energy has signed a Memorandum of Understanding (MoU) with Iraq's General Company for Carbon Economics (GCCE) during the country's inaugural Conference on Carbon Economics. The agreement outlines plans for collaboration between BB Energy's Renewable Energy Division and GCCE to implement projects aimed at offsetting carbon emissions and supporting environmental restoration in […]

First Carbon Exchange Franchise in Iraq

By John Lee. Capturiant, which describes itself as "the world's first energy-derived carbon credit and environmental asset authenticator, registry, and regulated exchange", has announced its first Middle Eastern franchise in Iraq, in partnership with Sharp Mind Global Ventures Inc., a Canada-based company with a branch in Iraq. According to a press release from Capturiant: This […]

Oil Ministry Completes Rehabilitation of Gas Pipeline

By John Lee. Iraq's Ministry of Oil has announced that the Oil Pipelines Company has completed the first phase of rehabilitating the 12-inch dry gas pipeline from the East Baghdad field to Taji power station. Mr. Ali Abdul Kareem Al-Moussawi, the Director General of the Oil Pipelines Company, stated that the company's technical and engineering […]