OECD COP26 Virtual Pavilion

Mobilising climate and development finance to meet the Paris Agreement: Perspectives on nuclear energy

Nov 9, 2021 | 3:00 PM - 4:00 PM


Meeting the objectives of the Paris Agreement will require economies to significantly mobilise climate and development finance. Multilateral development banks (MDBs) and International Financial Institutions (IFIs) will have a central part to play, and will need to focus on financing emissions reductions across a broad range of sectors and activities. Against this background, global installed nuclear energy capacity is expected to play an important and growing role in a net-zero scenario with at least a doubling of installed capacity. A large share of the growth in nuclear energy capacity is expected to be driven by non-OECD economies. Pathways to net-zero will further benefit from a wave of near-term nuclear innovation – such as Small Modular Reactors (SMRs) and hybrid nuclear-renewable energy systems – that are coming to market within the next 5 to 10 years. This webinar will explore the role of nuclear energy in net-zero pathways and the availability of climate and development finance to support nuclear innovation to meet climate goals.

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