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The International Atomic Energy Agency is ‘significantly underfunded’ and often has ‘unrealistic expectations’ placed upon it, according to a recent report from a Canada-based think tank. Further, it may have missed the window of opportunity for reform in the wake of Fukushima, author Trevor Findlay says.
In spite of its well-deserved reputation, the International Atomic Energy Agency “remains relatively underfunded, its powers significantly hedged and its technical achievements often overshadowed by political controversy,” according to the June 2012 report “Unleashing the Nuclear Watchdog: Strengthening and Reform of the IAEA”, by the Centre for International Governance Innovation (CIGI).
The report praises the IAEA overall, referring to it as “the nucleus around which all other parts of the global nuclear governance system revolve,” and says that it an “indisputable bargain,” considering the role it plays in international peace and security.