Morocco among 27 signatory countries of statement on nuclear financing

Morocco among 27 signatory countries of statement on nuclear financing
AFP
Wednesday 11 March 2026 - 10:42

The 2nd International Nuclear Energy Summit, held Tuesday in Paris, at France’s initiative in partnership with the International Atomic Energy Agency (IAEA), concluded with a Statement on nuclear energy financing, endorsed by 27 signatory countries including Morocco.

In this document, made public by the Elysee, the parties spoke of recognizing “the importance of mobilizing adequate, predictable and diversified financing for nuclear energy projects, including through a combination of public funding, international financial institutions, export credit agencies, private investors and innovative financial instruments as well as asset regulation frameworks.

In this document, published in the evening by the Elysée Palace, the signatories say they “recognize the growing global demand for reliable, affordable and low-carbon energy, and acknowledge that nuclear energy, when deployed responsibly, can contribute to energy security and economic development efforts in line with national priorities.”

“We recognize the importance of mobilizing adequate, predictable, and diversified financing for nuclear energy projects, including through a combination of public funding, international financial institutions, export credit agencies, private investors, and innovative financial instruments, as well as asset regulation frameworks,” they emphasize.

The signatory countries welcome in this regard recent initiatives by international financial institutions to engage on nuclear energy-related capacity-building, in particular: the cooperation framework between the World Bank Group and the IAEA in June 2025, as well as the agreements concluded between the IAEA and the Asian Development Bank (ADB), the Development Bank of Latin America and the Caribbean (CAF) and the OPEC Fund for International Development, the commitment and support of the European Investment Bank (EIB), and the continued participation of the European Bank for Reconstruction and Development (EBRD).

They “express support for long-term objectives of expanding nuclear electricity generation and the broader nuclear industry to accelerate energy diversification and enhance energy security,” the statement concludes.

The World Bank Group, the ADB, CAF, OPEC Fund, EIB, and EBRD are working with the International Atomic Energy Agency (IAEA) and other organizations to support countries interested in pursuing the development of nuclear energy, the statement notes.

Held against a backdrop of increasing electricity demand and accelerating decarbonization strategies, the 2nd International Nuclear Energy Summit aims to stand as a benchmark political framework for the development of civil nuclear power, complementing IAEA’s technical fora and ahead of several international due dates scheduled for 2026, including the review conference of the Treaty on the Non-Proliferation of Nuclear Weapons.

This high-level meeting, held after a first edition in Brussels in March 2024, brought together heads of State and government, leaders of international organizations, financial institutions, industry representatives, and experts to discuss the role of civil nuclear power in addressing global energy and climate challenges.

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