The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S.

US President Donald Trump has been pushing hard to end the ban on nuclear energy projects since taking office. The US is the ...

The World Bank’s board lifted its ban on supporting nuclear power, and is discussing whether to fund natural gas exploration and production, as it seeks ways to bolster access to electricity to ...

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 ...

The ADB is the largest multilateral development bank in Asia. Last year, it committed $24.3bn in funding to promote ...

The World Bank has lifted its long-standing ban on nuclear energy financing and may also back natural gas projects. The move, aimed at improving electricity access, aligns with rising energy demands ...

The shift on nuclear power, adopted by the bank’s executive board on Tuesday, will be done in conjunction with the ...

The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as ...

World Bank will also work to speed up the "potential of Small Modular Reactors" so these can become a viable choice for more countries eventually.

Governments around the world are rapidly reembracing nuclear power in efforts to reduce carbon emissions and bolster energy ...

The World Bank’s revised strategy aims to empower countries to choose their optimal energy mix, which could include solar, wind, geothermal, hydroelectric power, natural gas or nuclear options. The ...