The college of Law at the University of Baghdad discussed a master’s thesis in the international law by the student (Sally Hassan Star), titled “The Legal Regulation of Green Finance and Its Role in Addressing Climate Change,” on Thursday, January 30, 2025, in the college’s conference hall.
The discussion committee consisted of the following members:
- Prof. Dr. Mahmoud Khalil Jafar (Chairman)
- Assoc. Prof. Dr. Sabah Fayyad Talas (Member)
- Assoc. Prof. Dr. Mustafa Salem Abdel (Member)
- Asst. Prof. Dr. Nibras Ibrahim Muslim (Member and Supervisor)
The thesis aimed to highlight the role of green finance through the mechanisms associated with it and its potential to reduce the risks of climate change, as well as to support projects and initiatives that contribute to reducing carbon emissions and addressing climate-related risks by directing finance toward environmentally friendly projects and protecting communities from environmental pollution.
The thesis consisted of three chapters. The first chapter discussed the conceptual framework of climate change and green finance, the second chapter focused on addressing climate change through green finance, while the third chapter explored methods for activating green finance and the challenges it faces.
The thesis concluded with several recommendations, the most important of which were:
- Encouraging countries to develop strategies and plans to address climate change and reduce its impacts by adopting approaches that align with each country’s domestic legislation, establishing mandatory and preventive laws and measures consistent with national policies.
- Promoting awareness and education about green finance, its numerous positive benefits, and the availability of comprehensive information and data on green finance. This can be achieved through awareness campaigns, educational courses, and workshops aimed at individuals, companies, and investors.
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Strengthening legal and contractual aspects related to green finance, ensuring transparency and clarity in green finance, and establishing a comprehensive legal framework specifically for this purpose, along with the need for continued support from governments and financial institutions.