World Bank says no money for nuclear power

November 28, 2013 03:31

The World Bank and United Nations today appealed for billions of dollars to provide electricity for the poorest nations but said there would be no investment in nuclear power.

"We don't do nuclear energy," said World Bank president Jim Yong Kim as he and UN leader Ban Ki-moon outlined efforts to make sure all people have access to electricity by 2030.

Kim said USD 600-USD 800 billion a year will be needed to meet the campaign target of universal access to electricity, doubling energy efficiency and doubling the share of renewable energy by 2030.

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