According to a new report, the IAEA “will not be able to develop its capacity over time for detecting undeclared nuclear activity” under the current budget.

Green_Dollar_SignsThe United Nations’ nuclear agency is significantly underfunded, a think-tank recently said, warning the shortfall risked limiting its ability to identify covert atomic activity that might have a military dimension.

The report, issued by a Canadian think-tank, described the International Atomic Energy Agency (IAEA) as a “veritable bargain for international peace and security,” but said the Vienna-based agency needed to be reformed and better financed.

“The Agency is significantly underfunded, considering its responsibilities and the expectations increasingly being placed on it,” it said, after analyzing a body best known for its troubled monitoring of Iran’s atomic activities and for trying to improve reactor safety after the Fukushima disaster.

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Source: Fredrik Dahl | Reuters