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New ADB policy allows funding for nuclear projects
Manila Bulletin
|November 26, 2025
The Manila-based Asian Development Bank (ADB) has signaled its openness to financing nuclear projects, following updates to its energy policy aimed at expanding energy access and enhancing energy security.
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"Nuclear power... is an important technology option for countries looking for reliable alternatives to baseload electricity," said ADB President Masato Kanda in a Nov. 24 statement.
"These changes further enhance the ADB’s ability to support countries in Asia and the Pacific as they work to meet their rapidly growing energy needs," he added.
The ADB said it will work closely with the International Atomic Energy Agency (IAEA) and other global regulators to ensure its developing member countries meet strict nuclear power standards, noting that Kanda is expected to sign an agreement with the IAEA this week to advance these goals.
In addition to nuclear energy, the ADB highlighted several other amendments to its energy policy.
This story is from the November 26, 2025 edition of Manila Bulletin.
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