Countries Pledge to Triple Nuclear Energy by 2050

The demand for nuclear energy is continuing at a rapid pace, and more countries are becoming receptive to its use. This is evident in a declaration to triple nuclear energy by the year 2050.

This goal was made formal during the World Climate Action Summit of the 28th Conference of the Parties to the U.N. Framework Convention on Climate Change, or COP28 for short. COP 28’s push to reduce or eventually eliminate the use of fossil fuels includes the use of alternative energy sources like nuclear power.

“The Declaration recognizes the key role of nuclear energy in achieving global net-zero greenhouse gas emissions by 2050 and keeping the 1.5-degree goal within reach,” an announcement said. “Core elements of the declaration include working together to advance a goal of tripling nuclear energy capacity globally by 2050 and inviting shareholders of international financial institutions to encourage the inclusion of nuclear energy in energy lending policies.”

Of course, given nuclear power’s past, getting more countries to accept it as a viable energy source will prove challenging. Nonetheless, more countries are open to using nuclear power to realize the common goal of reducing the world’s carbon emissions.

“Endorsing countries include the United States, Armenia, Bulgaria, Canada, Croatia, Czech Republic, Finland, France, Ghana, Hungary, Jamaica, Japan, Republic of Korea, Moldova, Mongolia, Morocco, Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, United Arab Emirates, and United Kingdom,” the announcement said further.