February 18, 2025 In the media

Reuters: Financial ties to nuclear arms drop about 25% post-UN treaty, campaigners find

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The number of financial institutions with significant exposure to companies involved in the nuclear weapons industry has fallen by about a quarter since a U.N. treaty came into force in 2021, according to a report on Tuesday by campaign groups. The findings were released in a report titled "Don't Bank on the Bomb, opens new tab" by peace organisation PAX and the International Campaign to Abolish Nuclear Weapons (ICAN), which won the Nobel Peace Prize in 2017 for its efforts to promote compliance with the U.N. Treaty on the Prohibition of Nuclear Weapons.

Read the full article at Reuters

Further reading:

The Intercept: How to dismantle the absurd profitability of nuclear weapons

the Guardian: World nuclear arms spending hit $73bn last year – half of it by US

CNN : The US accounted for nearly half of the $72.9 billion spent on nuclear weapons last year

NDR: Eine Welt ohne Atomwaffen (podcast)

Guardian: Fresh effort to ban the bomb as new generation bids for nuclear-free world

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