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International Nuclear Weapons Spending Analyzed in New Report

Posted on Friday, June 11, 2021
Posted by Scott Yundt

International Nuclear Weapons Spending

The International Campaign to Abolish Nuclear Weapons (ICAN) issued a new report entitled Complicit: 2020 Global Nuclear Weapons Spending that outlines the $72.6 billion spent by the nine nuclear weapons states on their nuclear weapons programs during the 2020 pandemic.

The country by country details provide a grim picture of increasing budgets to fund new generations of nuclear weapons. The report also sheds light on the numerous private weapons contractors that profit off of the nuclear weapon largess from these countries and the huge amounts these companies spend on lobbying to keep the largess coming. This creates what the authors have deemed,” the nuclear weapons complicity cycle.”

Perhaps unsurprisingly, the United States spent by far the most on its nuclear arsenal in 2020. The report finds that The United States spent $70,881 every minute of 2020 on nuclear weapons, for a total of $37.4 Billion in 2020.

The report further points out that the nine nuclear weapons states found they had more than $72 billion on hand for their weapons of mass destruction in 2020, $1.4 billion more than 2019, despite the global pandemic. The report illustrates the how these governments are putting these weapons and their corporate benefactors before the needs of their people.

ICAN is a global campaign working to mobilize people in all countries to inspire, persuade and pressure their governments to sign and ratify the Treaty on the Prohibition of Nuclear Weapons. ICAN is comprised of more than 600 partner organizations (Tri-Valley CAREs included) in over 100 countries. More information about ICAN can be found at www.icanw.org.

To read the Executive Summary CLICK HERE.

To download the Full Report CLICK HERE.

Para leer la información en español HAGA CLIC AQUÍ.