On May 21, 2025, the second expert session of the BRICS-based Nuclear Energy Platform took place in Rio de Janeiro, Brazil, under the title “Prospects for the Development of Financing Instruments for Nuclear Energy Projects.” The event was held on the sidelines of the NT2E exhibition and continued the initiative to deepen interstate cooperation in the nuclear field, supported at the leadership level by both Brazil and Russia.
Participants included representatives from Rosatom, CNNC (China), ABDAN and Diamante Geração Energia (both from Brazil), NPPD (Iran), ABEN (Bolivia), ESKOM and NECSA (both from South Africa). The key focus of the session was on developing financial instruments to support nuclear projects in BRICS and partner countries.
Participants highlighted the growing interest from international development banks and national financial institutions in long-term investments aimed at achieving climate and social goals.
Elsie Pule of South Africa, Chief Coordinator of the BRICS-based Nuclear Energy Platform, emphasized: “In the current global context, the issue of financing takes on particular importance. Last year, the Nuclear Energy Agency of the OECD presented a report on the current state of nuclear technologies, identifying financing — along with supply chain readiness and skilled labor availability — as one of the main obstacles to the successful implementation of nuclear energy projects. The development of financing tools for nuclear technologies is a key issue for countries planning to integrate nuclear power into their energy mix.”