Uploaded June 2025 | Updated September 2026, 3 hours ago

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The IAEA and The World Bank announced a partnership today to support the safe, secure and responsible use of nuclear energy in developing countries.

This partnership agreement, signed by IAEA Director General Rafael Mariano Grossi and World Bank Group President Ajay Banga, marks the World Bank Group’s first concrete step to reengage with nuclear power in decades.

Our organizations will work together in three key areas: 
➡️ Expand the World Bank Group’s understanding of nuclear 
➡️ Extend the lifespan of existing nuclear power plants 
➡️ Accelerate the development of small modular reactors

With electricity demand in developing countries expected to more than double by 2030, this collaboration will support nuclear as part of a clean energy future.

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