Nuclear Finance

Committee Calls For World Bank Group To Support Nuclear Power

By David Dalton
29 April 2025

Long-standing policy against funding reactor projects could be reversed

Committee Calls For World Bank Group To Support Nuclear Power
The Washington-based World Bank Group funds fossil fuel and renewable power projects, but has a ban on funding nuclear. Courtesy World Bank Group.
The World Bank Group is considering support for nuclear energy as part of a broader push to expand access to affordable and reliable energy, potentially ending a ban that has been labelled “unjustified” by International Atomic Energy Agency (IAEA) director-general Rafael Grossi.

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