Rockefeller Foundation and Temasek Trust Launch Global Coalition to Boost Nuclear Energy Philanthropy

## Rockefeller Foundation and Temasek Trust Launch Global Coalition for Nuclear Energy The Rockefeller Foundation and Temasek Trust have announced the formation of the Global Coalition for Nuclear Philanthropy (GCNP), a coordinated initiative designed to mobilise philanthropic capital in support of nuclear energy deployment on a global scale, according to a PR Newswire release. The coalition's formation highlights a striking disparity in climate-focused funding: currently, just 0.1% to 0.2% of all climate philanthropy is directed toward nuclear energy — a figure the GCNP's founders argue is disproportionately low given the technology's potential role in decarbonising the global energy mix. ### Relevance to the Maritime Sector While the GCNP's mandate spans the broader energy landscape, the initiative carries meaningful implications for the maritime industry. Shipping accounts for approximately 3% of global greenhouse gas emissions, and the sector faces mounting regulatory pressure — including from the International Maritime Organization's (IMO) revised greenhouse gas strategy — to transition toward zero or near-zero emission fuels and energy sources. Nuclear energy, including emerging small modular reactor (SMR) technology, has been discussed as a potential long-term power source for large commercial vessels, as well as for the shore-side energy infrastructure that supports port operations and shipbuilding facilities. Increased philanthropic investment in nuclear could accelerate the development and commercialisation of these technologies, potentially expanding the toolkit available to shipowners and operators seeking compliance pathways. ### Coalition Objectives The GCNP seeks to expand and better align philanthropic support for nuclear energy, ensuring that funding is deployed efficiently, safely, securely, and equitably across geographies. The involvement of the Rockefeller Foundation — a longstanding force in global development and energy transition philanthropy — alongside Temasek Trust, the philanthropic arm of Singapore's state investment company, signals significant institutional credibility and reach for the initiative. The coalition's emphasis on equity and global deployment is also notable for a maritime industry that operates across both developed and developing economies, many of which are exploring nuclear as part of their broader energy security strategies. ### Looking Ahead As the energy transition continues to reshape shipping economics and regulatory frameworks, initiatives that broaden investment in alternative energy sources — including nuclear — are likely to attract increasing attention from maritime stakeholders. Industry observers will be watching whether the GCNP's efforts translate into accelerated commercialisation of marine-applicable nuclear technologies in the years ahead. *Source: PR Newswire*