Political wrangling over the classification of nuclear energy in taxonomies contradicts the low-carbon ambition of the Paris Agreement, Philippe Knoche, CEO of Orano, said last week during World Nuclear Association's Strategic eForum on Sustainable Finance. Knoche was joined on the panel by representatives of the International Monetary Fund, Rothschild & Co, Brazil's National Bank for Economic and Social Development, Banque de France and the Network for Greening the Financial System, who all said investment in new nuclear projects requires political consensus that is currently absent from some debates on sustainable finance.
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