7 Items

A security guard stands beside the entrance of the nuclear facility, FCN, Combustible Nuclear Factory in Resende, about 100 kilometers northwest of Rio de Janeiro, Brazil, on Oct. 19, 2004.

AP Photo

Journal Article - Innovations

Insure to Assure: A New Paradigm for Nuclear Nonproliferation and International Security

| Spring 2009

"No country has yet encountered major problems in its nuclear fuel supply specifically because of commercial disruptions. However, past political constraints on supply may be part of the motivation for countries like Iran to seek enrichment capability. Thus far it is unclear what other countries might be on the fence about acquiring a full fuel cycle and could be swayed not to enrich if an effective assurance mechanism could address the simply political risk. It is important for IAEA to identify these countries and the assurances they would need so that the best supply assurance mechanism can be crafted. Anticipating nuclear needs—not just for enriched uranium but also for fabricated fuel, transport, spare parts, etc.—and deciding whether and how government should help satisfy such needs is the best way to ensure that the industry develops in ways that serve the public's interests."


Nuclear Fuel Supply Concept Developed by Debra Decker and Erwann Michel-Kerjan is Featured in the Global Risks 2008 Report of the World Economic Forum

| January 22, 2008

"A truly innovative concept has been proposed by a joint team from the Wharton Business School and Harvard's Kennedy School: "insure to assure." The proposed solution — complementary to the efforts of the IAEA and others — would create a partnership between financial industries and governments to create the world's first international nuclear fuel insurance fund."

Paper - Risk Management and Decision Processes Center, Wharton School

The Economics of Nuclear Energy Markets and the Future of International Security

| January 2008

This paper discusses the evolution of nuclear energy markets and key drivers of the growing "nuclear renaissance." We focus on uranium, the largest part of the nuclear fuel markets, and analyze market demand, supply, and prices since the 1970s. We review the forces impacting this market—historically and prospectively—and note proliferation concerns surrounding nuclear energy: i.e. the same facilities that enrich uranium for electricity generation can also enrich it further for nuclear weapons.

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Discussion Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

A New Energy Paradigm: Ensuring Nuclear Fuel Supply and Nonproliferation through International Collaboration with Insurance and Financial Markets

| March 2007

"Seeking ways to dissuade more states from contemplating launching their own uranium enrichment programs...the International Atomic Energy Agency (IAEA) is considering different mechanisms to assure these states that they can obtain fuel supplies from the market without political interference."

Book - Cambridge University Press

Seeds of Disaster, Roots of Response: How Private Action Can Reduce Public Vulnerability

| September 2006

Seeds of Disaster, Roots of Response ... describes effective and sustainable approaches — both business strategies and public policies — to ensure provision of critical services in the event of disaster.