Nuclear Finance Petition

Posted: 24th September 2025

NFLA – Nuclear Free Local Authority

 

 

The NFLAs have become a co-signatory to a petition calling on the World
Bank and Asian Development Bank to abandon their plans to finance new
nuclear plants. The online petition was launched by 64 Non-Government
Organisations from 25 countries and regions on 1 September. The World Bank
and the ADB are funded by governments worldwide to support economic
development, poverty reduction, and enhance infrastructure. Until now, both
institutions have refrained from financing nuclear power, citing nuclear
proliferation, safety concerns, dealing with the intractable problem of
radioactive waste, and high costs as reasons to deny funding. However, on

June 10, the World Bank’s Board of Directors decided to lift the ban on
nuclear power financing. Meanwhile, the ADB is currently revising its
energy policy with plans to include support for nuclear power as part of
the review. The very concerns that have caused both institutions to be
cautious about financing nuclear power remain unresolved.

 NFLA 24th Sept 2025

 https://www.nuclearpolicy.info/news/nflas-join-global-call-on-world-bank-to-abandon-plans-to-back-new-nuclear/

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