Good news! However, what absurdity was it for the World Bank to ban this financing in the first place!
So the World Bank has prevented human progress out of superstition and excessive government paternalism! Incredible
Germany's role in this is despicable!
P.S. Google search can not find the official news release of the World Bank! I also tried the World Bank website to no avail. What does the World Bank have to hide? Incompetence?
"“The world’s largest and most influential development bank said on Wednesday it would lift its longstanding ban on funding nuclear power projects.
The decision by the board of the World Bank could have profound implications for the ability of developing countries to industrialize without burning planet-warming fuels such as coal and oil.
The ban has been formally in place since 2013, but the last time the bank funded a nuclear power project was 1959 in Italy. In the decades since, a few of the bank’s major funders, particularly Germany, have opposed its involvement in nuclear energy, on the grounds that the risk of catastrophic accidents in poor countries with less expertise in nuclear technology was unacceptably high. ..."
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