The US International Development Finance Corporation (DFC) announced on 10 June a 30-day public consultation on a change to its procedures to enable the support of foreign nuclear power projects, an apparent reaction to growing US geopolitical concerns.
DFC was formed in December 2019 by merging Washington’s Overseas Private Investment Corporation (Opic) and Development Credit Authority (DCA). It says the proposed change would “remove DFC’s legacy prohibition on support of nuclear power projects” to enable it to offer finance for nuclear projects as the agency “bolsters US foreign policy.” (CONTINUED - 787 WORDS)
