How well can the IAEA safeguard existing civilian nuclear energy facilities against the threat of nuclear proliferation? How sound are the agency's inspection efforts to prevent the possible diversions of fresh and spent fuel rods from reactors and of nuclear materials directly useable to make bombs from nuclear fuel making plants? A new NPECi report identifies the IAEA safeguards system's key structural and operational deficiencies and pinpoints where additional funding would strengthen IAEA safeguards and where it would not; and gives detailed recommendations to make the IAEA safeguards system more credible and effective. The Nonproliferation Policy Education Center's Executive Director Henry Sokolski summarises the report in this presentation. (Full report available on the NPEC website).