Iraq sets out blueprint for sovereign wealth fund for clean energy
Now that Iraq has finished decades' worth of reparations payments to Kuwait, the Cabinet is proposing to continue diverting a portion of oil sales for a new purpose — domestic clean energy investments.
Iraqi Oil Minister Ihsan Ismaael speaks alongside senior ministry contracting officials during the bidding for the Mansuriya gas field on April 20, 2021. Sinopec won the bidding round. (Source: Oil Ministry media office)
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