South Asia

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

In this Project on Managing the Atom Discussion Paper, Philipp C. Bleek chronicles nuclear weapons proliferation choices throughout the nuclear age. Since the late 1930s and early 1940s, some thirty-one countries are known to have at least explored the possibility of establishing a nuclear weapons program. Seventeen of those countries launched weapons programs, and ten acquired deliverable nuclear weapons.

The Project on Managing the Atom offers fellowships for pre-doctoral, post-doctoral, and mid-career researchers for one year, with a possibility for renewal, in the stimulating environment of the Belfer Center for Science and International Affairs at the Harvard Kennedy School. The online application for 2016-2017 fellowships opened December 15, 2015, and the application deadline is January 15, 2016. Recommendation letters are due by February 1, 2016.

Based on multi-archival research, this article explores the significance of Franco-Indian nuclear relations against the backdrop of Anglo-American endeavours to censor information related to atomic energy and to secure control of strategic minerals during the early Cold War.

On April 28, the Project on Managing the Atom joined the James Martin Center for Nonproliferation Studies at the Middlebury Institute of International Studies at Monterey, The Netherlands government, and the United Nations Office for Disarmament Affairs (UNODA) in convening nuclear nonproliferation experts from around the world at the United Nations to participate in a Symposium on the 2015 Nonproliferation Treaty (NPT) Review Conference.

In 1996, the International Atomic Energy Agency (IAEA), the United States and the Russian Federation entered into a cooperative effort – the Trilateral Initiative – aimed at investigating the feasibility and requirements for a verification system under which the IAEA could accept and monitor nuclear warheads or nuclear warhead components pursuant to the NPT Article VI commitments of both States. Although the Initiative ended in 2002, the Model Verification Agreement produced could still serve as the basis for bilateral or multilateral agreements between the IAEA and nuclear-weapon States.

In this paper, Thomas E. Shea and Laura Rockwood examine the potential role for international verification of fissile material in relation to nuclear disarmament, what was accomplished under the Trilateral Initiative and, more importantly, what should be done now to preserve its legacy and take concrete steps towards such verification.