ASSESSMENT OF ALTERNATIVE FUNDING MECHANISMS FOR THE IAEA

While the International Atomic Energy Agency (IAEA) has enjoyed substantial success and prestige in the international community, there is growing concern that global demographic trends, advances in technology and the trend towards austerity in Member State budgets will stretch the IAEA’s resources to a point where it may no longer be possible to execute its multifaceted mission in its entirety. As part of an ongoing effort by the Next Generation Safeguards Initiative (NGSI) to evaluate the IAEA’s long-term budgetary concerns , this paper proposes a series of alternate funding mechanisms that have the potential to sustain the IAEA in the long-term, including endowment, charity, and fee-for-service funding models.