The role of the Central Bank of Iraq in financing banks to support the purchase of green energy sources and its impact on the dimensions of sustainable development

Abstract

The research aims to identify the role of the Central Bank of Iraq through its initiative dated (29/7/2021) to finance banks to help companies and people purchase solar panels to produce electrical energy that are environmentally friendly, according to its initiative launched regarding green financing for the purchase of renewable energy sources in Iraq and the extent Its impact on sustainable development, as the role of the Central Bank of Iraq was measured in financing banks to help buy green energy sources in Iraq (independent variable) by relying on a questionnaire containing questions prepared for this purpose and directed to the employees of the Central Bank of Iraq, the research sample (managers, heads of departments, employees) includes measuring the dimensions of sustainable development (dependent variable), and then finding Correlation relationship between the independent variable and the dependent variable by means of the correlation coefficient person's to prove or negate the research hypotheses, the researchers reached the most important conclusions (there is a strong correlation between the initiative of the Central Bank of Iraq to finance banks to help purchase green energy sources in Iraq and the dimensions of sustainable development), and the researchers recommended recommendations the most important of which is (banks should take advantage of the directions of the Central Bank of Iraq to start financing other projects in addition to current initiative).