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Home Latest International News Today World News Trending News of World - Times of India World Breaking News World News IFTTT World Bank lifts ban on nuclear energy financing

World Bank lifts ban on nuclear energy financing

The World Bank is set to re-enter the nuclear energy sector after decades, announced President Ajay Banga, aiming to meet the escalating electricity demands in developing nations. Collaborating with the IAEA, the bank will enhance non-proliferation safeguards and regulatory frameworks. This decision arises as electricity demand in developing countries is projected to more than double by 2035, necessitating a surge in annual energy investment.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/OTYAVh6
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