Banks are coming under pressure for financing the nuclear power sector, with a group of NGOs launching a website which names the top 10 "nuclear banks".

Under the banner "nuclear banks, no thanks!", the site lists information on 867 transactions involving 124 banks. BNP Paribas provided the most financing to the nuclear industry from 2000 to 2009, worth EUR13.5 billion ($16.5 billion), according to research carried out by consultancy Profundo for the NGOs. The banks on its top 10 list provided a combined EUR92 billion.

The NGOs involved in the campaign, including BankTrack, Greenpeace International and Urgewald in Germany, take a staunchly anti-nuclear position. "Too many well-known banks that otherwise have taken laudable steps towards sustainability are still investing…read more

BankTrack, in cooperation with a number of working partners, today launches www.nuclearbanks.org, a new website mapping the involvement of 45 leading commercial banks in funding nuclear power…read more

Greenpeace is calling on Romania to abandon its plans to build two new Candu-6 reactors at Cernovoda in response to a recently released Greenpeace commissioned report that finds the Canadian reactor design is unsafe and too dangerous to build according to modern safety standards.

“The…read more