Qatar Central Bank has printed a commemorative banknote for the 2022 FIFA World Cup, which will be hosted by the country.

Sheikh Bandar bin Mohammed bin Saud Al Thani, the head of the Central Bank of Qatar, Johnny Infantino, the president of the International Football Federation (FIFA) and Mustafa Goksu, the Turkish ambassador in Doha, were present at the unveiling ceremony of this banknote.

The Governor General of the Central Bank of Qatar stated in this ceremony: As one of the historical moments of Qatar, a commemorative banknote was printed in the framework of participation in the World Cup.

Stating that the commemorative banknotes represent the cultural heritage of Qatar, Al-Thani said: "Hosting the World Cup is our pride." Referring to the design and material quality of the printed banknotes, he noted: These banknotes were printed in polymer form for the first time. The head of the Central Bank of Qatar admitted that the printed commemorative banknotes have the logo of FIFA and the 2022 World Cup.

Advantages of polymer banknote

The International Monetary Fund advised countries that are concerned about the environmental impact of using paper bills in their monetary and financial transactions to switch to polymer bills.

Many countries are trying to make their banknotes more sustainable and safer by signing the Paris Agreement on climate change in an effort to last longer. In this regard, most countries have paid more attention to the environmental impact of banknotes. In the past years, money has been made from various materials such as leather to shells, precious metals, linen paper and recently plastic.

The materials used to make money reflect the social and political changes of that time and the available technologies and resources. In the distant past, the Chinese used metal and heavy money, which was a little difficult to carry, but gradually, light paper money came into use, which is easier to carry.

As the amount of money transactions increased, more people thought of making light and paper money.

This process started in the 7th century and in the 13th century, the first transactions with paper money finally started. Modern European banknotes were also first produced at the Stockholm Bank in 1661. In this report, a part of which has been published in the news base of the Chamber of Commerce, Industries, Mines and Agriculture of Iran, it is stated that gradually all the countries of the world switched to paper banknotes. This process has been going on for centuries. But with the advancement and development of technology, countries thought of making plastic money.

These bills are very desirable in terms of durability and reducing energy consumption.

**Polymer bills

Polymer banknotes were first issued in 1988 in Australia. The country now uses polymer exclusively and is set to begin a new series of banknotes with the printing of five-dollar bills in September 2016. Polymer is now used in more than 20 countries from Australia and Canada to Fiji, Mauritius, Romania and Vietnam. In 2011, after examining the environmental impact of paper and plastic bills, the Bank of Canada switched to polymer bills for the first time.

Polymer has performed better than paper in any condition. According to studies, the use of polymer bills can solve 32% of the global warming problem. In addition, there will be a 30% reduction in energy demand. A polymer banknote has twice the lifespan of a paper banknote.

In addition to these issues, the weight of polymer bills is also less, so it is easier to carry them.