The Iraqi economy is very interesting with the concept of a sustainable green economy because of its role in improving the environment, climate, culture and improving the standard of living of the individual and society. This interest has been reflected through the international and local research, studies, facilities, methods of encouragement for clean environment, natural agriculture and pollution-reduced lifestyles, through investment in buildings, transportation, tourism, energy, clean technology and innovation. However, this economic, societal and cultural method faces several public and private challenges related to the nature of the Iraqi society and economy, some of these challenges are the method of production and support for green investment, environmental protection, environmental regulations and laws and the priority of applying the green economy in the government program. This research explain on these challenges and tries to find solutions to them by focusing on the importance of the green economy in improving the standard of living, the environment and the climate.