IAEA
- March 22, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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IAEA
Subject : International Organisations
Context : A new initiative by IAEA may help to find an alternative to JCPOA in the changed circumstances.
Concept :
About IAEA:
- The International Atomic Energy Agency (IAEA), an UN agency is the world’s central intergovernmental forum for scientific and technical co-operation in the nuclear field.
- It works for the safe, secure and peaceful uses of nuclear science and technology, contributing to international peace and security and the United Nations’ Sustainable Development Goals.
- It was formed in 1957 as a result of Conference on the Statute of the International Atomic Energy Agency held at the UN headquarters. Initially it was known as ‘Atoms for peace’.
- It is headquartered in Vienna, Austria.
- It has 172 members (Comoros being most recent member).
- Though it is and independent international agencies, yet, it reports annually to UNGA.
- It along with its Director General won Nobel Peace prize in 2005.
- The IAEA’s policy-making bodies decide on the Agency’s programmes and budgets. They comprise the General Conference of all Member States and the 35-member Board of Governors.
Funding of IAEA:
- The IAEA carries out its work in two main areas: the regular programme and the Technical Cooperation programme. These two programmes are financed from separate funds.
- They are additionally supported by extra-budgetary contributions from Member States and non-member states donors. The IAEA’s budget is approved annually by the IAEA General Conference.