This nuclear project is the Global Nuclear Future Initiative of the American Academy of Arts and Sciences. The goal of this project is to identify and promote measures that will limit the security and proliferation risks inherent in the global expansion of nuclear power. Two important features of the project are that it has deeply engaged the U.S. nuclear utilities into these discussions for the first time and it is working hard to understand and incorporate the perspectives of non-nuclear weapons states, especially those that aspire to launch new nuclear power programs. The full cost of the project over the next two years is $1.3 million, of which $1 million has been raised from other foundations and a private donor. The American Academy has asked us for the balance, $300,000 over two years, specifically for the work on multi-national fuel cycle facilities and strengthening the non-proliferation regime.