Iraq calls for ‘fair’ steps to fight climate change

1 / 4
People work in the Action Zone at the COP26 UN Climate Summit, in Glasgow, Scotland on Saturday. The summit is seen as the last chance to save the planet. (AP)
2 / 4
Iraq has started to implemented projects to plant mangrove trees along the coast. (Supplied/Nakheel Al-Dwalieah)
3 / 4
Iraq has started to implemented projects to plant mangrove trees along the coast. (Supplied/Nakheel Al-Dwalieah)
4 / 4
Iraq has started to implemented projects to plant mangrove trees along the coast. (Supplied/Nakheel Al-Dwalieah)
Short Url
Updated 14 January 2022
Follow

Iraq calls for ‘fair’ steps to fight climate change

  • Principle of common but differentiated responsibility must be implemented

GLASGOW: A top Iraqi official said developing and underdeveloped countries “are victims of more than 300 years of industrial activity with high carbon emissions.”

Talking to Arab News on the sidelines of COP26 in Glasgow, Scotland, the Iraqi deputy minister of health and environment for environmental affairs deplored the mounting pressure from developed countries not to implement the principle of common but differentiated responsibility.

“I think the Arab region is the most vulnerable region (and the most) affected by climate change,” said Jasim Abdulazeez Humadi.

He said oil-producing countries in the Middle East have been classified “as the most vulnerable countries” when it comes to the impact of climate change and should be dealt with “carefully” in issues related to climate action.

 

 

He said since the signing of the Paris accords, Arab countries have been working to ratify and complete the agreement with all its legal and constitutional processes.

Humadi said it was not the developing countries but rather the richest and developed countries that have not fulfilled their commitments so far, several major issues were not even discussed and there has been no progress with the Green Climate Fund, which is a financial mechanism to assist developing countries in adapting and mitigating practices to counter climate change.

Humadi said the Arab countries are encouraging the conversion toward renewable energy and reducing greenhouse emissions, but this responsibility should be common and should support the developing countries and encourage them to adapt their infrastructure accordingly. However, the roadmap for each country is very clear through the nationally determined contribution, and Iraq is committed to this despite the difficulties they have been facing the past decade due to war, instability, and fighting Daesh, he added.

 

 

“There are no clear criteria and at each conference, we spent a lot of time in discussions, but we did not reach (any conclusion as to) when they will support us financially to implement our plan,” he said.

The Iraqi official also called for a gradual transition toward renewable energy so as not to disturb the economy. “They (developed countries) want us to get rid of oil as the main source of energy and economy,” said Humadi. “Where is the substitution process? So I think it is not fair.”

Husham Alnahi, manager of Nakheel Al-Dwalieah for Agricultural Livestock Investment and Huqool Al-Taqa, said that Iraq needs more financial and technological support from developing countries.
Coming from Basra in southern Iraq, he said the province is highly contaminated due to all the oil fields.
There are the North and South Rumaila oil fields, which are managed by BP, the West Qurna 1 field operated by Exxon Mobil, the West Qurna 2 field developed by Russia’s Lukoil, the Zubair oil field led by Italy’s Eni, Shuaiba oil refinery run by Kuwait Energy, and the super-giant Majnoon oil field which is being developed by the US company KBR, among others.
Alnahi said these increasing fields and refineries are emitting a lot of gases and generating pollution that is negatively affecting the population, causing agricultural scarcity, and sea water has become hypersaline, meaning they cannot use it to water crops.
He added that they have implemented projects to plant mangrove trees, the seeds of which were imported from Oman and India and cultivated in Iraq, along the coast as they can be planted with sea water. They have also implemented the project in several other Gulf countries as well.


Closing Bell: Saudi main index closes higher at 10,596 

Updated 23 December 2025
Follow

Closing Bell: Saudi main index closes higher at 10,596 

RIYADH: Saudi equities closed higher on Tuesday, with the Tadawul All Share Index rising 43.59 points, or 0.41 percent, to finish at 10,595.85, supported by broad-based buying and strength in select mid-cap stocks. 

Market breadth was firmly positive, with 170 stocks advancing against 90 decliners, while trading activity saw 161.96 million shares change hands, generating a total value of SR3.39 billion. 

Meanwhile, the MT30 Index closed higher, gaining 6.52 points, or 0.47 percent, to 1,399.11, while the Nomu Parallel Market Index edged marginally lower, slipping 3.33 points, or 0.01 percent, to 23,267.77. 

Among the session’s top gainers, Al Masar Al Shamil Education Co. surged 9.99 percent to close at SR26.20, while Saudi Cable Co. jumped 9.98 percent to SR147.70.  
Cherry Trading Co. rose 4.18 percent to SR25.44, and United Carton Industries Co. advanced 4.09 percent to SR26.46. 

Al Yamamah Steel Industries Co. also posted solid gains, climbing 4.07 percent to end at SR32.70.  

On the downside, Emaar The Economic City led losses, slipping 3.55 percent to SR10.32, followed by Derayah REIT Fund, which fell 2.92 percent to SR5.31. 

Derayah Financial Co. declined 2.13 percent to SR26.62, while United International Holding Co. retreated 1.96 percent to SR155.20, and Gulf Union Alahlia Cooperative Insurance Co. eased 1.92 percent to SR10.70.  

On the announcements front, Red Sea International Co. said it signed a SR202.8 million contract with Webuild S.P.A. to provide integrated facilities management services for the Trojena project at Neom. 

The agreement covers operations and maintenance for the project’s Main Camp and Spike Camp, including accommodation and housekeeping, catering, security, IT and communications, utilities, waste management, fire safety and emergency response, as well as other supporting services.  

The contract runs for two years, with the financial impact expected to begin in the first quarter of 2026. Shares of Red Sea International closed up 0.99 percent at SR34.74. 

Al Moammar Information Systems Co. disclosed that it received an award notification from Humain to design and build a data center dedicated to artificial intelligence technologies, with a total value exceeding 155 percent of the company’s 2024 revenue, inclusive of VAT. 

The contract is expected to be formally signed in February 2026, underscoring the scale of the project and its potential impact on the company’s future revenues.  

MIS shares ended the session 2.82 percent higher at SR156.70, reflecting positive investor sentiment following the announcement.