Names including Bank of America, Morgan Stanley and Goldman Sachs boost COP28 goal of tripling capacity by 2050

Fourteen of the world's biggest banks and financial institutions will pledge increased support for nuclear energy in a bid to unlock financing for the industry, according to a Financial Times report.

Wall Street is warming up to nuclear energy as several of the world’s top banks have pledged to support growth of the low-carbon energy source. On Monday, 14 financial institutions said they would now back the goals set during negotiations at the 28th United Nations Climate Change Conference last year to triple global nuclear energy