At New York Climate Week, a group of 14 financial institutions on Monday stated their recognition that global civil nuclear energy projects have an important role to play in the transition to a low-carbon economy. They further expressed support for long-term objectives of growing nuclear power generation and expanding the broader nuclear industry to accelerate the generation of clean electrons to support the energy transition. 

As part of the Leadership Event, H.E. Ebba Busch Deputy Prime Minister of Sweden and Minister for Energy, Business and Industry speaks about the importance of acting now and the ambition to at least triple nuclear energy.

"It is time to take concrete action towards necessary expansion of nuclear energy," said Sweden's Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch. "The Swedish government is exploring a proposed financing model which includes government-backed loans, contracts-for-difference (CfDs) and risk-sharing mechanisms. The aim of the proposal is to significantly improve the conditions for nuclear new build in Sweden and with it, a more sustainable future."