{"id":29486,"date":"2025-06-11T20:15:04","date_gmt":"2025-06-11T20:15:04","guid":{"rendered":"http:\/\/medexperts.pro\/?p=29486"},"modified":"2025-06-11T20:30:10","modified_gmt":"2025-06-11T20:30:10","slug":"world-bank-ends-its-ban-on-funding-nuclear-power-projects","status":"publish","type":"post","link":"http:\/\/medexperts.pro\/?p=29486","title":{"rendered":"World Bank Ends Its Ban on Funding Nuclear Power Projects"},"content":{"rendered":"
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The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S. competitiveness on next-generation reactors.<\/p>\n

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The world\u2019s largest and most influential development bank said on Wednesday it would lift its longstanding ban on funding nuclear power projects.<\/p>\n

The decision by the board of the World Bank could have profound implications for the ability of developing countries to industrialize without burning planet-warming fuels such as coal and oil.<\/p>\n

The ban has been formally in place since 2013, but the last time the bank funded a nuclear power project was 1959 in Italy. In the decades since, a few of the bank\u2019s major funders, particularly Germany, have opposed its involvement in nuclear energy, on the grounds that the risk of catastrophic accidents in poor countries with less expertise in nuclear technology was unacceptably high.<\/p>\n

The bank\u2019s policy shift, described in an email to employees late on Wednesday, comes as nuclear power is experiencing a global surge in support.<\/p>\n<\/div>\n<\/div>\n

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Casting nuclear power as an essential replacement for fossil fuels, more than 20 countries \u2014 including the United States, Canada, France and Ghana \u2014 signed a pledge to triple nuclear power by 2050 at the United Nations\u2019 flagship climate conference two years ago.<\/p>\n

The Trump administration, while far less concerned about climate change than it is with competing against the Russian and Chinese nuclear industries, is trying to expand the fleet of American reactors<\/a> and quadruple their contribution to the country\u2019s electric grids. Cabinet officials have emphasized support for a new generation of smaller reactors that offer the promise of faster deployment but have yet to be proven.<\/p>\n

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The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S. competitiveness on next-generation reactors.The world\u2019s largest and most influential development bank said on Wednesday it would lift its longstanding ban on funding nuclear power projects.The decision by the board of the World Bank could have profound implications for the ability of developing countries to industrialize without burning planet-warming fuels such as coal and oil.The ban has been formally in place since 2013, but the last time the bank funded a nuclear power project was 1959 in Italy. In the decades since, a few of the bank\u2019s major funders, particularly Germany, have opposed its involvement in nuclear energy, on the grounds that the risk of catastrophic accidents in poor countries with less expertise in nuclear technology was unacceptably high.The bank\u2019s policy shift, described in an email to employees late on Wednesday, comes as nuclear power is experiencing a global surge in support.Casting nuclear power as an essential replacement for fossil fuels, more than 20 countries \u2014 including the United States, Canada, France and Ghana \u2014 signed a pledge to triple nuclear power by 2050 at the United Nations\u2019 flagship climate conference two years ago.The Trump administration, while far less concerned about climate change than it is with competing against the Russian and Chinese nuclear industries, is trying to expand the fleet of American reactors and quadruple their contribution to the country\u2019s electric grids. Cabinet officials have emphasized support for a new generation of smaller reactors that offer the promise of faster deployment but have yet to be proven.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":29488,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-29486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science"],"_links":{"self":[{"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/29486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29486"}],"version-history":[{"count":2,"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/29486\/revisions"}],"predecessor-version":[{"id":29489,"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/29486\/revisions\/29489"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/29488"}],"wp:attachment":[{"href":"http:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29486"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}