The world does not need new nuclear power. Yet institutions like the World Bank, the ADB and other development banks are stubbornly marching towards an economic disaster that creates toxic waste and exacerbates the climate crisis by redirecting scarce resources away from technologies that have long proven themselves cheaper, faster, cleaner and more effective. There are many solid arguments against this waste of taxpayer money. This report serves as a compilation of science-based theses against the renaissance of nuclear power. In five thematic articles, four renowned scientists and an expert on Russian nuclear policy provide key facts and figures on the topic. The renewed push for nuclear power is often framed as a pragmatic response to climate change and energy insecurity. In times of geopolitical tension and accelerating climate impacts, the promise of a supposedly “clean”, reliable and scalable technology appears tempting. Yet this narrative does not withstand serious economic, ecological or geopolitical scrutiny. This report makes clear why the growing support for nuclear power, by governments and increasingly also by multilateral financial institutions, is a costly misallocation of scarce public resources.
Urgewald 24th April 2026
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