Skip to main content

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 Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/Poj1teV
Labels:

Comments

Post a Comment

Popular posts from this blog

Canada project reclaims 'foul' industrial area to contain floods

The spur to build Toronto's billion-dollar-plus flood prevention project dates back to a devastating hurricane in 1954, but planners say its urgency was reinforced by the recent tragic flooding in Texas. - Hurricane Hazel - On October 15, 1954 Hurricane Hazel hit Toronto, after hammering parts of the Caribbean and eastern United States. from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/4Fvz3ka
Post a Comment
Read more

‘Doomsday’ oarfish surfaces in Tasmania’s wild west coast

A rare oarfish, also known as a 'doomsday fish', appeared on Tasmania's west coast. Sybil Robertson discovered the large, silver fish on the beach. Experts say encountering oarfish is exceptionally unusual. These deep-sea creatures live in deep ocean waters. Oarfish are not strong swimmers and often float vertically. A marine biologist encountered one in 2022 on the Great Barrier Reef. from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/tlbyGsV
Post a Comment
Read more

A wedding invitation to the clouds: Inside India’s frog marriages

Across India, communities perform frog weddings, a folk ritual to invoke rainfall during droughts. These ceremonies, deeply rooted in agrarian life and nature's cycles, blend faith, folklore, and collective belief to cope with climate uncertainty. The practice persists as a cultural lifeline, reflecting a deep connection with the environment. from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/7wgn0US
Post a Comment
Read more