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Cop28 / Nuclear Industry Calls For Massive Increase In Capacity And Access To Financing

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The nuclear energy industry has launched a global campaign that calls for a massive increase in nuclear power and access to financing as part of the fight against climate change.

The Net Zero Nuclear Industry Pledge is part of the Net Zero Nuclear initiative launched in September by the London-based World Nuclear Association and the UAE’s state nuclear company Emirates Nuclear Energy Corporation (Enec).

The pledge, launched at the Cop28 climate conference in Dubai comes after 22 countries called for nuclear generation capacity to triple by 2050 from a base year of 2020. That pledge was signed at Cop28 on 2 December by countries including the US, Canada, Japan, France, the UK and the UAE.

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