Declaration to triple nuclear energy launched at COP28

December 5, 2023, 7:21AMNuclear News

As expected, a large number of nations at the COP28 climate conference in Dubai have issued a declaration to triple the world’s nuclear power capacity by 2050. John Kerry, U.S. special presidential envoy for climate, joined leaders and ministers from four continents on Saturday to announce the Declaration to Triple Nuclear Energy.

The document recognizes the vital role of nuclear energy in achieving global net-zero greenhouse gas emissions by 2050 and keeping the 1.5-degree Celsius goal within reach. In addition, it highlights the need for secure supply chains and encourages shareholders of the World Bank, international financial institutions, and regional development banks to include nuclear energy in their lending policies.

Along with the United States, endorsing countries include Bulgaria, Canada, the Czech Republic, Finland, France, Ghana, Hungary, Japan, Moldova, Mongolia, Morocco, the Netherlands, Poland, South Korea, Romania, Slovakia, Slovenia, Sweden, Ukraine, the United Arab Emirates, and the United Kingdom.

ANS declaration: “On behalf of America’s nuclear professionals, we applaud the historic commitment made today by the U.S. and 21 other countries to tripling global nuclear energy production by 2050,” said ANS Executive Director/CEO Craig Piercy in a December 2 statement. “This is real, tangible climate action in meeting the world’s clean energy needs. Tripling the world's nuclear energy supplies by 2050 is the catalyst required to halt rising temperatures and achieve a sustainable future while lifting millions out of poverty.

“The Declaration to Triple Nuclear Energy also recognizes the key role of carbon-free nuclear energy in halting climate change and calls on international financial institutions to craft nuclear-inclusive lending policies. A rapid, large-scale deployment of new reactors around the world can only happen with the end of financing bans against nuclear energy projects by multilateral banks like the World Bank.”

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