Iran needs $52.5 to meet climate obligations
Baku, Azerbaijan, Apr. 18
By Dalga Khatinoglu - Trend:
Iran needs $17.5 billion investment domestically to decrease greenhouse gas emissions by 4 percent by 2030, an official document obtained by Trend shows.
With further $35 billion of international support, the figure can reach 12 percent, the document says.
With 4-percent scenario, Iran would decrease the emissions by 76.8 million tons (5.12 million annually) to 1.92 billion in 2030.
In the 12-percent scenario, the country claims that the emissions would decrease by 230.4 million tons (15.36 million tons annually) to (1.776 million tons) by 2030.
Countries around the world submitted their pledges to the UN, setting out how far they intend to reduce their greenhouse gas emissions during the Paris meeting (COP21), held in last December.
The document also added that primary energy (oil products, gas, etc) shares 90 percent in Iran's total emissions.
Iran produces 600 million tons of greenhouse gases annually.
According to the document, Iran plants to curb gas flaring (above 11 billion cubic meters per annum), increasing the efficiency of power plants (currently stands at 37 percent), decreasing power waste in national grid (currently stands at 14 percent) as other projects, mostly focused on optimizing energy consumption inside the country.
Iran consumes 1.6 billion barrels of crude oil equivalent energy annually, of which 60 percent is natural gas.