Nuclear Politics

IAEA And World Bank Announce Landmark Agreement To Cooperate On Nuclear Power Development

By David Dalton
26 June 2025

MOU is ‘sign of world’s return to realism’ and crucial first step for financing reactors

IAEA And World Bank Announce Landmark Agreement To Cooperate On Nuclear Power Development
IAEA director-general Rafael Grossi and World Bank president Ajay Banga signed the memorandum of understanding in Paris. Courtesy IAEA/World Bank.
The International Atomic Energy Agency and the World Bank have announced a new agreement to cooperate on the development and financing of nuclear power for developing countries, including extending the life of existing reactors and speeding up deployment of small modular reactors (SMRs).

Want to know more?
Sign up.

Pen Use this content

Tags


Related