NPT Event 2015

We must have our own step by step attack on the financial edifice that supports the nuclear weapons industry.”– Jayantha Dhanapala

This was the thrust of the discussion during the Don’t Bank on the Bomb NPT side event on Friday 1 May.  Speakers included Jayantha Dhanapala, Chair of the 1995 NPT Review and Extension conference and current President of the Pugwash Conferences on Science and World Affairs, Ray Acheson, Director of the Reaching Critical Will programme of the Women’s International League for Peace and Freedom, and Wilbert van der Zeijden, Senior Researcher at PAX and co-author of the Don’t Bank on the Bomb report.

During the session three key elements were discussed related to the financing of nuclear weapons. The demand side, covered eloquently by Ray as she discussed the updated Assuring Destruction Forever report on nuclear weapons modernisation. All states are modernising their nuclear arsenals. The supply side, elaborated by Wilbert in discussing the findings of the report. And, Jayantha spoke forcefully on the need for concerted action and campaign efforts to withdraw investments from this evil enterprise. 

The ensuing discussion among participants brought up several interesting approaches to strengthen efforts to stop the modernisation of nuclear arsenals by eliminating the financing that facilitates them. One suggestion worth further discussion is to include language at this NPT Review Conference to prevent the financing of nuclear weapons. Hopefully, delegates will take up the challenge and raise divestment as a tool to stigmatise, outlaw and eliminate nuclear weapons.

written by

Susi Snyder is the Nuclear Disarmament Programme Manager for Pax in the Netherlands. Mrs. Snyder has coordinated the research, publication and campaigning activities surrounding the annually updated Don’t Bank on the Bomb report since 2013. She has published numerous reports and articles, including Dealing with a ban (2015); The Rotterdam Blast: The immediate humanitarian consequences of a 12 kiloton nuclear explosion (2014); and Withdrawal Issues: What NATO countries say about the future of tactical nuclear weapons in Europe (2011). She is an International Steering Group member of the International Campaign to Abolish Nuclear Weapons, and a 2016 Nuclear Free Future Award Laureate. Previously, Mrs. Snyder served as the Secretary General of the Women's International League for Peace and Freedom at their Geneva secretariat.

Comments are closed.

Leave a Reply

Want to join the discussion?
Feel free to contribute!