World Bank, IAEA formalise partnership to collaborate on nuclear energy for development

The World Bank Group and the International Atomic Energy Agency (IAEA) have agreed to collaborate on supporting the safe, secure and responsible use of nuclear energy in developing countries. The partnership agreement, signed by World Bank Group president Ajay Banga and IAEA director-general Rafael Mariano Grossi, formalises multiple engagements between the two institutions over the last year, and marks the World Bank Group’s first concrete step to reengage with nuclear power in decades.