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2025-06-12 07:02:21

World Bank Ends Nuclear Energy Financing Ban Amid Soaring Power Demand

The World Bank has lifted its long-standing ban on financing nuclear energy projects, marking a significant policy shift aimed at addressing the surging demand for electricity in developing nations. In a memo to staff on Wednesday, World Bank President Ajay Banga announced that the institution would re-engage with nuclear energy “for the first time in decades,” working in close...

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