popular articles

Nuclear Energy: A Climate Lever to Finance, Advocates the IAEA at COP29

At COP29, Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), emphasizes the inclusion of nuclear energy in climate financing, while targeting a regulated access approach for developing countries.

Please share:

The debate surrounding the role of nuclear energy in combating climate change has reached a critical point at COP29. Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), advocates for inclusive financing for nuclear energy, considered essential to achieving global decarbonization goals.

In an interview with AFP, Mr. Grossi highlights that accelerating the development of this energy source requires funding from international institutions. He explains that despite progress in discussions with stakeholders like the World Bank and the European Bank for Reconstruction and Development (EBRD), political and cultural resistance still hinders the integration of nuclear energy into climate plans.

Support for Developing Countries

The Director General of the IAEA emphasizes the specific needs of countries in the Global South. Nations such as Ghana, Kenya, and Morocco are considering adopting small modular reactors (SMRs), seen as a solution tailored to their capabilities and decarbonization ambitions. In Asia, countries like Malaysia and the Philippines are also exploring these options.

However, developing nuclear infrastructure demands strict safety and regulatory frameworks. According to Mr. Grossi, the IAEA plays a crucial role in assisting countries new to nuclear energy by providing structured programs to ensure responsible and secure projects.

An Inspiring Example: The United Arab Emirates

The IAEA highlights the United Arab Emirates as a successful example for newcomers to nuclear energy. Although the country previously lacked nuclear infrastructure, it was able, with the IAEA’s support, to establish a solid program comprising 19 steps to achieve safe and reliable operational capacity.

This approach, according to Rafael Grossi, demonstrates that even countries with no nuclear tradition can adopt this technology, provided they dedicate the necessary resources and adhere to strict standards.

Perspectives for Eastern Europe

Beyond developing nations, Eastern Europe is also identified as a favorable ground for nuclear expansion. European funding could help these nations reduce their energy dependence, particularly on dominant suppliers, while meeting climate targets.

The IAEA continues to advocate for a well-regulated and rigorous vision of nuclear energy, emphasizing the need for financial means to support its development and ensure the safety of projects.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Enel, Leonardo, and Ansaldo Nucleare join forces to study small modular reactors, marking a potential turning point for nuclear energy in Italy after decades of withdrawal.
Orano temporarily suspends uranium extraction activities in Niger
Orano temporarily suspends uranium extraction activities in Niger
Rafael Grossi, head of the IAEA, visits Iran to inspect the Fordo and Natanz sites. This visit comes as Tehran seeks to dispel doubts about its nuclear ambitions.
Rafael Grossi, head of the IAEA, visits Iran to inspect the Fordo and Natanz sites. This visit comes as Tehran seeks to dispel doubts about its nuclear ambitions.
At COP29, six countries joined an ambitious declaration to triple global nuclear capacity by 2050, bringing the number of signatories to 31, backed by major financial institutions.
At COP29, six countries joined an ambitious declaration to triple global nuclear capacity by 2050, bringing the number of signatories to 31, backed by major financial institutions.
EDF projects a strategic decision for its first six EPR reactors in 2026, with sites for eight additional ones to be determined the same year, as part of France's energy strategy.
Vietnam plans to reactivate its nuclear program, halted in 2016, to support rapid industrialization and meet increasing energy demands while aiming for carbon neutrality by 2050.
Vietnam plans to reactivate its nuclear program, halted in 2016, to support rapid industrialization and meet increasing energy demands while aiming for carbon neutrality by 2050.
Great British Nuclear evaluates technologies from GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse to select the modular reactors that will shape the country’s energy future.
Great British Nuclear evaluates technologies from GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse to select the modular reactors that will shape the country’s energy future.
IAEA Director General Rafael Grossi visits Iran to revive inspections and seek a diplomatic resolution on Iran's nuclear program amid growing international tensions.
IAEA Director General Rafael Grossi visits Iran to revive inspections and seek a diplomatic resolution on Iran's nuclear program amid growing international tensions.
Niger opens its doors to Russian companies for the exploration of its natural wealth, marking a strategic shift as tensions persist with French companies, particularly over uranium.
Framatome opens offices in Milan and Turin, marking a new step in Franco-Italian cooperation for the development of nuclear energy in Europe.
Framatome opens offices in Milan and Turin, marking a new step in Franco-Italian cooperation for the development of nuclear energy in Europe.
Poland strengthens its nuclear cooperation with Japan and the Netherlands, enhancing its capacity for its energy transition program.
Poland strengthens its nuclear cooperation with Japan and the Netherlands, enhancing its capacity for its energy transition program.
A sample of radioactive debris from the Fukushima power plant has been secretly transported to a laboratory near Tokyo. This crucial step is part of the lengthy decommissioning process, which is expected to take several more decades.
A sample of radioactive debris from the Fukushima power plant has been secretly transported to a laboratory near Tokyo. This crucial step is part of the lengthy decommissioning process, which is expected to take several more decades.
EDF hopes to finalize new long-term electricity contracts with energy-intensive industries by the end of the year, despite criticism over high electricity prices, which threaten their competitiveness.
EDF challenges Czech decision on nuclear contract awarded to KHNP
EDF challenges Czech decision on nuclear contract awarded to KHNP
Rwanda relies on Russia to train its nuclear energy specialists
Rwanda relies on Russia to train its nuclear energy specialists
Despite extreme weather conditions this summer, offline nuclear capacity in the United States decreased by 16% compared to 2023, thanks to a reduction in unplanned outages, according to the U.S. Energy Information Administration (EIA).
Despite extreme weather conditions this summer, offline nuclear capacity in the United States decreased by 16% compared to 2023, thanks to a reduction in unplanned outages, according to the U.S. Energy Information Administration (EIA).
The startup Calogena has taken a crucial step forward in its low-power nuclear boiler project for urban heating, submitting an application for approval to the Nuclear Safety Authority (ASN).
For the first time since 2011, a sample of radioactive debris was extracted from the damaged reactors at the Fukushima nuclear plant. This breakthrough paves the way for new analyses essential to the decommissioning process.
For the first time since 2011, a sample of radioactive debris was extracted from the damaged reactors at the Fukushima nuclear plant. This breakthrough paves the way for new analyses essential to the decommissioning process.
During Kazakh President Kassym-Jomart Tokayev's visit to Paris, Emmanuel Macron strengthened the strategic partnership between France and Kazakhstan, offering French expertise to support the development of civilian nuclear energy in Kazakhstan.
During Kazakh President Kassym-Jomart Tokayev's visit to Paris, Emmanuel Macron strengthened the strategic partnership between France and Kazakhstan, offering French expertise to support the development of civilian nuclear energy in Kazakhstan.
The Nigerien junta criticizes Orano's suspension of activities, claiming the decision harms stakeholder commitments and lacks transparency, according to a document from the state-owned company Sopamin.
The Nigerien junta criticizes Orano's suspension of activities, claiming the decision harms stakeholder commitments and lacks transparency, according to a document from the state-owned company Sopamin.
GE Vernova partners with Worley Chemetics to manufacture a key component of the BWRX-300 modular reactor, aiming to enhance safety and stimulate Ontario's nuclear economy.
U.S. Investigation on Chinese Enriched Uranium Imports Intensifies
U.S. Investigation on Chinese Enriched Uranium Imports Intensifies
Nearly thirteen years after the Fukushima disaster, Japan resumes operations at a nuclear reactor in the northeast, reinforced to withstand tsunamis, as the country accelerates its energy transition.
Nearly thirteen years after the Fukushima disaster, Japan resumes operations at a nuclear reactor in the northeast, reinforced to withstand tsunamis, as the country accelerates its energy transition.
CEZ acquires a 20% stake in Rolls-Royce SMR to build small nuclear reactors in the Czech Republic, aiming for stable and low-carbon energy.
CEZ acquires a 20% stake in Rolls-Royce SMR to build small nuclear reactors in the Czech Republic, aiming for stable and low-carbon energy.

Advertising