International Bank for Nuclear Infrastructure – concept of establishment and strategic role in the global banking and energy sector
Abstract
The article presents the concept of establishing the International Bank for Nuclear Infrastructure (IBNI), which is related to the adoption by 29 countries of a declaration to triple nuclear energy and recognise it as a key energy source in achieving global net-zero greenhouse gas emissions by 2050. No less important is the fact that in recent years, a fight for global nuclear primacy has begun between the United States and China, and Russia. The article aims to answer the questions of whether the establishment of the International Bank for Nuclear Infrastructure will enable a change in the approach to financing nuclear projects, for example through the involvement of commercial financial institutions that have so far been reluctant to engage private capital in nuclear projects, and if so, why, and whether the newly established bank has a chance to play a strategic role in the global banking and energy system, taking into account the current geopolitical conditions and the impact on global nuclear primacy, and if so, what this strategic role would consist of.
Keywords:
national security law, ESG, nuclear power, sustainable finance, strategic managementReferences
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