Larich/Shutterstock Save for later Print Download Share Should the World Bank lift a long-standing policy banning nuclear power financing, as it is now considering doing, it could pave the way for other development banks across the world to finance nuclear power projects. The Washington-based multilateral bank has famously not financed a nuclear power project since 1959, and its subsequent refusal to do so has influenced any number of other development banks, from the national level to multilateral institutions such as the European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank.