An innovative nuclear fuel concept for the utilization as energy resources and for the incineration of excess Pu arisings as well as for an effective transmutation of minor actinides (MA's; Am, Np and Cm) is discussed from the aspect of material technology. Stabilized cubic phase ZrO 2 and other potential candidate materials for the Inert Matrix are compared in terms of the material properties and other behaviors such as the behavior against irradiation with the relevant information currently available. Strategies for the use of the Inert Matrix Fuel concept in various countries are discussed and compared for their options in nuclear fuel cycle technology.