Sam Nunn
Founding Chair, NTI
Security policies in the Euro-Atlantic region — an area that includes six of the world’s 10 largest economies, four of the five declared nuclear weapon states, and more than 95 percent of global nuclear inventories — are dangerously out of date and demand urgent attention. With a new approach that is grounded in today’s opportunities and challenges, the European community, Russia and the United States can chart a more secure path for their people and the world and avoid the risks and costs of a new downward spiral in relations between states.
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This paper outlines six practical options that non-nuclear weapon states could pursue to reduce nuclear risks amid heightened geopolitical tensions. The options were developed based on interviews with nuclear policy experts from around the world. They reflect priority areas where government investment could have the most near- to medium-term impact, as well as the tools and channels through which these efforts could be advanced.
The Nuclear Threat Initiative (NTI), Euro-Atlantic Security Leadership Group (EASLG), Asia-Pacific Leadership Network (APLN), and European Leadership Network (ELN) have worked since March 2020 to highlight the benefits of independent, internal “fail-safe” reviews in nuclear-armed states.
Despite the high stakes, the economic and financial considerations of nuclear weapons use remain underexplored. This paper examines several decades of research on economic and financial effects of nuclear weapons use, and explores the key gaps in our understanding of effects in today’s interconnected world.
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