Archive · 12 Jun 2025

World Bank Re-Enters Nuclear Energy Funding for Developing Nations

World Bank Re-Enters Nuclear Energy Funding for Developing Nations

The World Bank, a global financial institution, is starting to fund nuclear energy projects again.

They are doing this to help countries that are still developing get more electricity, as the demand for power is growing quickly.

The bank will work with experts to ensure nuclear projects are safe and will help improve existing power plants.

They also want to explore using new types of smaller nuclear reactors.

This decision follows pressure from countries like the U.S., the World Bank's largest shareholder, to support dependable energy sources.

Sources