US EditionWorld Bank, IAEA to Cooperate on Nuclear Power Development, Safety
- The World Bank and the IAEA launched a new agreement to safely develop and finance nuclear power for developing countries, including extending existing reactors' life.
- Rafael Grossi described the agreement as a "sign of the world's return to realism on nuclear power" and emphasized its importance for energy security.
- The partnership aims to promote small modular reactors as cost-effective, low-carbon solutions for developing economies.
- Ajay Banga stated that nuclear energy is essential for sectors such as infrastructure and healthcare, and it will help developing countries achieve their ambitions.
19 Articles
19 Articles
The multilateral institution has signed an agreement with the International Atomic Energy Agency to support, inter alia, the development of small reactors (SMRs).
World Bank Group, IAEA Formalize Partnership to Collaborate on Nuclear Energy for Development (World Bank Group)
) PARIS, June 26, 2025-The World Bank Group and the International Atomic Energy Agency (IAEA) sealed an agreement today to work together to support the safe, secure and responsible use of nuclear energy in developing countries. The partnership agreement, signed by World Bank Group President Ajay Banga and IAEA Director General Rafael Mariano Grossi, formalizes multiple engagements between the two institutions over the last year, and marks the Wo…
The Straits Times
World Bank, IAEA to cooperate on nuclear power development, safety
The World Bank and the United Nations nuclear watchdog on Thursday launched a new agreement to cooperate on the safe development and financing of nuclear power for developing countries, including extending the life of existing reactors. Read more at straitstimes.com.
Grossi Reaffirms IAEA Support for Africa Through Rays of Hope and Atoms4Food
Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), met with ambassadors of the African Group in Vienna on June 27, 2025. This engagement was specifically designed as a diplomatic moment ahead of Grossi’s official trip to Africa, while simultaneously strengthening the important relationship between African nations and the IAEA’s approach to science-based development. Today’s increasingly complex world and de…
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