Nuclear power’s pitch to broaden its appeal by tapping financing from the World Bank and other multinational lenders is gaining traction, according to the top international diplomat who’s charged with promoting the peaceful uses of atomic energy.
International Atomic Energy Agency Director General Rafael Mariano Grossi said development banks are reconsidering their freeze of funding to new nuclear power projects. The Argentine diplomat, more well know for his investigations into Iran’s atomic activities, met with the World Bank last week in Washington and will present his agency’s case for looser funding rules at next month’s climate negotiations in Glasgow, Scotland.
