Building the Net Zero Nuclear Coalition: Finance, Industry, and Energy Users Commit to the Tripling Pledge at COP30
COP 30 | Belém, Brazil | 15 November
Financial momentum behind the global expansion of nuclear energy continued to build at COP30, driven by new commitments from investors, major energy users, and industry leaders.
Stifel and CIBC became the latest financial institutions to sign the Statement of Support, underscoring the investment community’s growing recognition that nuclear energy is indispensable for clean, resilient, and secure energy systems. Their backing strengthens a fast-growing coalition of financial organisations that view nuclear as a strategic asset in reaching net-zero goals.
Momentum extended beyond the finance sector. Major energy users — Equinix, Fermi America, and Circulairity — joined the Large Energy Users Pledge, reflecting the increasingly urgent need for reliable, carbon-free baseload power to support the rapid expansion of digital infrastructure, advanced manufacturing, and next-generation circular economy technologies.
Industry commitment also continued to grow. Kazatomprom, the world’s largest uranium producer, and Nuclearia Energy, an emerging clean-energy developer, became the newest signatories to the Industry Pledge, reinforcing the sector’s shared determination to scale nuclear capacity in line with global climate and energy-security needs.
Together, these new signatories add significant weight to the international effort to triple global nuclear capacity by 2050 — a goal now formally supported by 33 countries through the Declaration to Triple Nuclear Energy. Their commitments reflect a common understanding: achieving deep decarbonisation at the required scale is not possible without a major expansion of nuclear power.
For deeper insight into how global momentum is accelerating across governments, industry, finance, and energy users, read our summary of the Tripling event hosted at the UK Government Pavilion at COP30.
Watch Dr. Sama Bilbao y León, Director General of World Nuclear Association, share her Energy Day 2 reflections from COP30 — a concise overview of global progress on nuclear energy and the collective ambition of industry members.
World Nuclear Association's Net Zero Initiative calls for unprecedented collaboration between government and industry to at least triple global nuclear capacity and achieve carbon neutrality by 2050. It drives impact through advocacy and engagement, ensuring nuclear stays at the forefront of energy and global climate discussions. The initiative provides a clear, concise narrative that resonates beyond the nuclear sector, making it accessible to policymakers, investors, energy users, and the public.
Our strategic partners, Urenco and Cameco, play a key role in this journey, creating long-term value by fueling nuclear energy’s recognition as a clean and reliable cornerstone of global sustainability.