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International Nuclear Energy Financing: Promoting Clean Power Globally

This act aims to encourage international banks to finance nuclear energy projects, especially those meeting high safety standards. It seeks to promote clean energy and reduce reliance on countries that might use nuclear power for political leverage. Citizens may indirectly benefit from the global development of clean energy.
Key points
Urges international banks, like the World Bank, to remove prohibitions on nuclear energy financing.
Establishes special trust funds within these banks to support nuclear projects meeting US or allied standards.
Aims to counter the influence of Russia and China in the global nuclear energy sector.
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Status: Placed on Calendar
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Additional Information
Print number: 119_HR_1474
Sponsor: Rep. Hill, J. French [R-AR-2]
Process start date: 2025-02-21