Washington, D.C.—The U.S. International Development Finance Corporation (DFC) announced a proposed policy change to lift its legacy prohibition on funding nuclear energy projects. The following statement can be attributed to Maria Korsnick, president and chief executive officer of NEI:
“The U.S. International Development Finance Corporation’s proposed policy change to lift its legacy prohibition on nuclear energy projects supports the development of clean, reliable energy worldwide, helps countries reach their energy development goals, buttresses U.S. national security, and can help level the playing field for U.S. firms.
"An increasing number of countries around the world that meet DFC’s project criteria are looking to build new reactors or expand existing nuclear energy programs. Without robust financing to encourage partnership with the United States, well-funded, state-owned enterprises from China and Russia are filling this void. Partnering with U.S. companies would position countries to provide long-term clean, reliable energy for electricity grids, desalination, and other applications. In addition, these partnerships will forge long-term strategic economic and security relationships with the United States that can last 100 years.
"We thank DFC CEO Adam Boehler, the DFC board of directors, and the administration for their support and leadership on this milestone decision, which would be a significant step forward for our industry, and we look forward to working together to provide the world with American nuclear technology.”
