Global Infrastructure Sherpa38 countries commit to tripling global nuclear energy capacity by 2050
A coalition of 38 nations, including China and Brazil, committed to tripling global nuclear energy capacity by 2050. This COP28-launched initiative, now backed by.
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Counterparts (7)
Partner
V
Vietnam
Hanoi-based infrastructure developer with 1 GW of operating assets across Vietnam, focusing on transportation and energy projects. Manages $1 billion in assets under management.
Pakistan
National Logistics Corporation (NLC) is a state-owned logistics and infrastructure development organization in Pakistan, established in 1978. It provides comprehensive logistics solutions, constructs major road networks, dry ports, and other civil infrastructure projects, and operates a large fleet across Pakistan and internationally, with a significant role in CPEC projects.
United Kingdom
National Grid plc is a multinational electricity and gas utility company operating regulated transmission and distribution networks in the United Kingdom and the Northeastern United States. It manages critical infrastructure for energy delivery and is actively investing in the energy transition, including offshore wind connections and interconnector projects.
Jordan
The Jordan Company is a New York-based private equity firm founded in 1982, managing over $20 billion in capital. It focuses on acquiring and growing middle-market companies across diverse sectors including industrials, consumer, healthcare, and logistics & supply chain.
Finland
Finland, a Nordic sovereign state, acts as a key developer, investor, and regulator in its national infrastructure, encompassing transport, energy, digital, and social sectors. It manages a portfolio of state-owned enterprises and drives strategic projects to enhance connectivity, energy security, and sustainability across the country.
Japan
Marubeni Corporation is a major Japanese general trading company with a global presence across diverse sectors including power, infrastructure, energy, and digital. It operates as an investor, developer, and operator, with a significant portfolio of over 40 GW in power generation assets worldwide.
Republic of Korea
Seoul-based sovereign wealth fund managing over $220 billion in assets globally as of 2023. KIC diversifies across public equities, fixed income, and alternative investments, including infrastructure, real estate, and private equity, with a focus on long-term stable returns.
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The commitment of 38 countries, including China and Brazil, to triple global nuclear energy capacity by 2050 significantly expands the COP28 initiative, aiming for net-zero emissions and industrial decarbonization. This global partnership is further solidified by 27 nations advocating for diversified financing and 33 reaffirming nuclear as a strategic resource. Key participants like Finland, a sovereign state active in energy infrastructure, and Marubeni Corporation, a global power investor, underscore the diverse public and private sector engagement. The involvement of the Republic of Korea's $220 billion sovereign wealth fund and National Grid, a multinational utility, indicates substantial capital and operational expertise are being mobilized.
- The initiative expanded from 25 countries at COP28 to 38, now including major economies like China and Brazil.
- 27 countries specifically support diversifying financing for nuclear projects, highlighting a focus on innovative capital structures.
- The Republic of Korea's sovereign wealth fund (KIC) manages over $220 billion in assets, indicating substantial potential capital for global infrastructure.
- National Grid plc, a multinational utility, brings expertise in regulated transmission and distribution networks across the UK and Northeastern US.
Timeline
Announced
Mar 11, 2026
Signed
Closed
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