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Iraq

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Last Updated:
04/05/2024
Since
2019
Central Bank of Iraq (CBI)
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Timeline

  • 2023
    Framework Development

    • CBI launches Sustainable Finance Roadmap 2023-2029

  • 2022
    Market Actions and Impacts

    • CBI publishes ESG Scorecard Report for the Iraqi Banks

  • 2021
    Framework Development

    • CBI launches the Environmental, Social, and Corporate Governance Scorecards

    • CBI launches its Strategic Plan 2021-2023

    • CBI publishes the Sustainability Principles for Banks

    Research and Engagement

    • CBI forms a committee to establish guidelines on business sustainability for banks and sub-initiatives for strategic objectives

    Market Actions and Impacts

    • CBI donates 30 billion Iraqi dinar ($20.5 million) to support the State’s efforts to combat COVID-19

  • 2020
    Research and Engagement

    • Iraqi Ministry of Planning forms the first committee on sustainable development

    Market Actions and Impacts

    • CBI forms a deposit insurance company to protect small depositors

  • 2019
    Research and Engagement

    • CBI joins SBFN

    • CBI conducts workshops on corporate governance for banks

  • 2018
    Framework Development

    • Central Bank of Iraq (CBI) develops a Corporate Governance Guide for Banks, including a one-page Annex on Sustainable Finance