Iraq is one of the impacted party in Paris Agrement-2015, last COP-27 decied to creat the Loss and Damage funds to support impcted countires in way to help them to stay resiliance to tackle cliamte change imapcts
Loss damage fund is compensation - not help in climate change. With nothing from China so far only ~250 million, this is pretty modest. This is much like Catholic indulgences - a cheap shakedown.