🚨Breaking: Major clean energy pledge signed at
#COP28!
The following countries have pledged to triple nuclear capacity by 2050:
Romania 🇷🇴
Finland 🇫🇮
Czech Republic 🇨🇿
Slovakia 🇸🇰
Republic of Korea 🇰🇷
Sweden 🇸🇪
France 🇫🇷
UAE 🇦🇪
Canada 🇨🇦
United States 🇺🇸
Ukraine 🇺🇦
United Kingdom 🇬🇧
Poland 🇵🇱
Bulgaria 🇧🇬
Japan 🇯🇵
Belgium 🇧🇪
The Declaration reads -
"Recognizing the key role of nuclear energy in achieving global net-zero greenhouse gas emissions / carbon neutrality by or around mid-century and in keeping a 1.5°C limit on temperature rise within reach and achieving Sustainable Development Goal 7;
Recognizing the importance of the applications of nuclear science and technology that contribute to monitoring climate change and tackling its impacts, and emphasizing the work of the International Atomic Energy Agency (IAEA) in this regard;
Recognizing that nuclear energy is already the second-largest source of clean dispatchable baseload power, with benefits for energy security;
Recognizing that analyses from the OECD Nuclear Energy Agency and World Nuclear Association show that global installed nuclear energy capacity must triple by 2050 in order to reach global net-zero emissions by the same year;
Recognizing that analysis from the Intergovernmental Panel on Climate Change shows nuclear energy approximately tripling its global installed electrical capacity from 2020 to 2050 in the average 1.5°C scenario;
Recognizing that analysis from the International Energy Agency shows nuclear power more than doubling from 2020 to 2050 in global net-zero emissions by 2050 scenarios and shows that decreasing nuclear power would make reaching net zero more difficult and costly;
Recognizing that new nuclear technologies could occupy a small land footprint and can be sited where needed, partner well with renewable energy sources, and have additional flexibilities that support decarbonization beyond the power sector, including hard-to-abate industrial sectors;
Recognizing the IAEA’s activities in supporting its Member States, upon request, to include nuclear power in their national energy planning in a sustainable way that adheres to the highest standards of safety, security, and safeguards and its “Atoms4NetZero” initiative as an opportunity for stakeholders to exchange expertise;
Recognizing the importance of financing for the additional nuclear power capacity needed to keep a 1.5°C limit on temperature rise within reach;
Recognizing the need for high-level political engagement to spur further action on nuclear power;"