In an address to the World Bank Group Executive Board, IAEA Director General Rafael Mariano Grossi criticized the disproportionate financial support for fossil fuels over nuclear energy by multilateral development banks. He emphasized the need for increased funding for nuclear projects to achieve global decarbonization, aligning with COP28 commitments to triple nuclear capacity by 2050. Grossi highlighted the IAEA's readiness to support countries, particularly in the developing world, in integrating nuclear power to meet climate goals.