This event is part of the OECD COP26 Virtual Pavilion. It is available on replay.
Meeting the objectives of the Paris Agreement will require economies to significantly mobilise climate and development finance. Multilateral development banks (MDBs) and International Financial Institutions (IFIs) will have a central part to play, and will need to focus on financing emissions reductions across a broad range of sectors and activities. Against this background, global installed nuclear energy capacity is expected to play an important and growing role in a net-zero scenario with at least a doubling of installed capacity. A large share of the growth in nuclear energy capacity is expected to be driven by non-OECD economies. Pathways to net zero will further benefit from a wave of near-term nuclear innovation – such as small modular reactors (SMRs) and hybrid nuclear-renewable energy systems – that are coming to market within the next 5 to 10 years.
This webinar explored the role of nuclear energy in net-zero pathways and the availability of climate and development finance to support nuclear innovation to meet climate goals.
