According to the report, companies profiting from nuclear weapons contributed $5-10 million to think tanks in 2020. Northrop alone spent at least $2 million funding nine of them, including the Atlantic Council, the Brookings Institution, the Center for a New American Security, and the Center for Strategic and International Studies.

However, ICAN did not produce the report for passive consumption or as an inducement to despair. Instead, it is part of a sophisticated strategy to eventually make nuclear weapons as taboo worldwide as chemical and biological weapons are now.

ICAN was a key force behind the Treaty on the Prohibition of Nuclear Weapons, which was adopted in 2017 at the United Nations. It makes illegal any activities related to nuclear weapons and has been signed by 86 countries and ratified by 54. It entered into force this past January.

None of the nuclear powers are signatories. Yet they need not be for the treaty to create a noose around those countries and their companies that should tighten over time. For instance, Airbus produces missiles for France’s nuclear weapons arsenal. But it is headquartered in the Netherlands, so if that country ratified the TPNW, it could no longer do so.

This financial threat has now attracted the attention of the stockholders of these nuclear corporations. Snyder notes that a 2020 Northrop shareholders resolution stated that the company “has at least $68.3 billion in outstanding nuclear weapons contracts, which are now illegal under international law,” and it received 22 percent support. A similar Lockheed resolution got over 30 percent support. The KBC Group, the 15th-largest bank in Europe, has announced that it will not fund any nuclear weapon-related activity because of the TPNW.

Success here will obviously require a long-term campaign and increased activism across the world. But the trajectory is headed in the right direction. “The days of spending with impunity on WMD,” believes Snyder, “are numbered.”

Link : https://theintercept.com/2021/06/07/nuclear-weapons-spending-pandemic-ican/?utm_medium=email&utm_source=The%20Intercept%20Newsletter