Morocco is among 27 countries that signed an international declaration on nuclear energy financing in Paris, at the conclusion of the second International Nuclear Energy Summit. This high-level meeting, organized by France in partnership with the International Atomic Energy Agency (IAEA), aims to strengthen international cooperation in the development of civil nuclear energy.
The final document, published by the French presidency, highlights the need to meet the world’s growing demand for energy that is reliable, affordable, and low-carbon. The signatory countries stated that nuclear energy, when developed responsibly and safely, can contribute to energy security and support economic development while respecting national priorities.
The declaration also emphasizes the importance of mobilizing significant and diversified funding for nuclear projects. The signatories call for a combination of public financing, international financial institutions, export credit agencies, private investors, innovative financial instruments, and appropriate regulatory frameworks.
Participants welcomed recent initiatives to support the sector’s development, including the cooperation framework established in June 2025 between the World Bank Group and the IAEA. Partnerships have also been developed with institutions such as the Asian Development Bank, the Development Bank of Latin America and the Caribbean (CAF), and the OPEC Fund for International Development. The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) also participate in these financing efforts.
Beyond financing, the countries reaffirmed their long-term commitment to expanding nuclear power generation and the broader nuclear industry. This approach is seen as a key driver to accelerate energy diversification and enhance global energy security.
The Paris summit took place amid rising electricity demand and the intensification of decarbonization strategies. Organizers aim to establish the meeting as a reference political framework supporting civil nuclear energy development, complementing the technical work conducted by the IAEA.
This second edition follows an initial summit held in Brussels in March 2024. It brought together heads of state and government, international organization officials, financial institutions, industry representatives, and experts to discuss the role of nuclear energy in the energy transition and in addressing global climate challenges.
