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Nuclear included in the 47th G7 Summit’s low-carbon solutions for climate change
18 June 2021 Global NewsLast week, the UK hosted the 47th G7 summit in St Ives, Cornwall and welcomed leaders from the United States, Canada, France, Germany, Italy, and Japan as well as leaders from the EU Commission, Australia, India, South Korea and South Africa.
In what has been one of the first in-person meetings in some time, and the first overseas trip for US President Joe Biden since his election, one of the key points on the agenda was the global response to climate change. The group outlined several commitments in its joint agenda for action, at the close of the summit. Alongside a pledge to reaffirm the Paris Agreement’s 1.5°C threshold for climate warming, the group committed to accelerating zero emissions energy deployment and to the launching of a G7 Industrial Decarbonisation Agenda, which notes the importance of clean, inclusive, energy solutions to support industry to transition.
The joint agenda for action positively links the need to enhance industrial energy use and resource efficiency with accelerating the role of nuclear energy, along with other low-carbon technologies. Given that the G7 nations operate approximately 63 per cent of the world’s fleet (World Nuclear Association, 2021), they are powerful advocates for the use of nuclear and it is positive to see this grouping include nuclear in its agenda for decarbonisation.
Innovative, nuclear, solutions will have a positive impact on the global drive to reach Net Zero and it is encouraging to see the G7 taking this important step forward in backing nuclear power to deliver Net-Zero and decarbonisation.
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About Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Through our technology and the expertise of our people, the Urenco Group provides safe, cost effective and reliable services, operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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