| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/16/1542 (25.04.16) |
| Publication Date | 25/04/2016 |
| Content Type | News |
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A crucial project at the site of the Chernobyl nuclear power plant could now proceed to its final stages thanks to additional pledges by the international donor community at a conference in Kiev on the 25 April 2016 - one day before the 30th anniversary of the disaster on the 26 April 1986. The pledging event co-chaired by Ukraine and Japan as President of the G7 raised approximately €90m for the completion of the Interim Storage Facility 2 (ISF-2). Of the total amount, €45m would be provided by the G7 and the European Commission, while another €40m would be granted by the EBRD subject to the approval by its Governors in early May 2016. The Government of Ukraine announced further contributions, and other donors also made new pledges. Funding of the ISF-2 is provided through the Nuclear Safety Account and the total cost of the project is €400m. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-1577_en.htm |
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| Subject Categories | Energy |
| Countries / Regions | Belarus, Europe, Ukraine |
