The World Bank has announced it will lift its longstanding ban on funding nuclear power projects, a ban that has been in place since 2013. This significant policy shift is aimed at helping developing nations industrialize while reducing reliance on fossil fuels. The bank has not funded any nuclear project since 1959 due to concerns over safety in countries with less expertise. As global support for nuclear power grows, this decision is seen as pivotal for countries aiming to transition to cleaner energy sources.
The World Bank's decision to lift its ban on funding nuclear power projects could empower developing nations to industrialize and transition away from fossil fuels.
This policy shift could have profound implications as nuclear power is seen as a vital part of combating climate change and reducing reliance on coal and oil.
Collection
[
|
...
]