Analysis

Development Banks ‘Must Revise Outdated And Politicised Views’ On Nuclear

By David Dalton
3 June 2025

Russia and China ‘could fill gap’ if the West leaves financing to others

Development Banks ‘Must Revise Outdated And Politicised Views’ On Nuclear
China is said to be targeting over 100 new nuclear power reactors by 2035. Courtesy CGN.
Multilateral development banks (MDBs) must revise their “outdated and politicised views” of nuclear power or risk ceding political capital in the race to dominate the nuclear market to “autocratic actors” such as Russia and China, a fellow at the US-based Atlantic Council thinktank has said.

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