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World's nuclear power capacity will triple by 2050: Statement

World's nuclear power capacity will triple by 2050: Statement Global nuclear power capacity to triple by 2050 (photo: Getty Images)

As part of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), more than 20 countries have signed a declaration committing to triple global nuclear energy capacities by 2050, according to Kyodo.

The increase in nuclear energy capacities is expected to help reduce global emissions of various carbon compounds into the atmosphere.

Countries supporting the declaration include the United Kingdom, Canada, France, South Korea, Ukraine, and the United Arab Emirates. In the joint declaration, these countries stated their commitment to collaborate to triple nuclear capacity by 2050 compared to the 2020 level.

Nuclear sanctions against Russia

Ukraine has long been urging the European Union to implement nuclear sanctions, which would prohibit the import of nuclear fuel from Russia to EU member states.

Ukrainian Foreign Minister Dmytro Kuleba recently mentioned that Ukraine has proposed a solution to the EU on how to stop depending on Russian nuclear fuel.

However, there have been no further developments in terms of decisions on new restrictions. Moreover, according to reports, the European Union has likely increased its purchase of nuclear fuel from Russia in 2023 compared to pre-war levels.