Analysis of The Reality of Sustainable Finance In Iraq, for The Period (2009 – 2023)

The objective of this study is to investigate the existence or nonexistence of sustainable finance in Iraq from 2009 to 2023 through exploring ‎the development of financial policy, institutional framework, and banking business for sustainability. The study look after the role played in ‎sustainable and responsible finance transitions, in terms of its response to: economic challenges, political instability and reconstruction ‎demands, and environmental calamities. The research questions this paper poses are on two levels: - How far has sustainable finance come in ‎light of the number of recent pressures? And if it continues to lag, what are monetary authorities doing here as Central Bank: com-‎manders in this transition?‎ The research methodology follows a descriptive approach using official financial and banking data, policy papers, and sustainable ‎finance-related indicators. The results indicate that despite recent advances toward sustainable finance in Iraq, particularly post 2020, the ‎country׳s progress is slow and its policies are hampered by low institutional capacity, weak regulatory compliance mechanisms, and structural economic weaknesses. New measures have helped develop new instruments of green finance and raised awareness of it, but the ‎framework as a whole is in its infancy.‎ The article concludes that in order to have sustainable finance in Iraq, it needs a robust regulatory structure, capacity building, and more ‎embedding of sustainable principles into financial decision-making. The results add to the rich body of literature on sustainable finance in ‎emerging and resource-extractive economies‎.