This paper assesses the costs and benefits of Iraq’s own energy transition from fossil fuel dependent power sector to one with a significantly higher share of renewables amid an accelerating global energy transition. The paper quantifies the returns of Iraq’s energy transition, its high exposure to the global energy transition due to the deep role of oil revenues in the provision of public finances, and the policy tradeoffs associated with moving...
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2023/03/16
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Report
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180831
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1
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2023/03/16
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Disclosed
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A Tale of Two Transitions : Iraq’s Energy Sector and Macroeconomic Stability in a Climate-Constrained World
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