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Edition: U.S. Article Comments (1) Slideshow Video Full Focus Editor's choice A selection of our top photos from the past 48 hours. Full Article Follow Reuters Facebook Twitter RSS YouTube Read Norwegian marathon great Waitz dies at 57 10:35am EDT Goldman profit drops as trading revenue falls 11:42am EDT RIM launches PlayBook, fans don't play along 11:29am EDT Apple sues Samsung, says stop copying us 7:30am EDT With much at stake, Asia voices confidence in U.S. debt 11:32am EDT Discussed 92 Palin returns with feisty, anti-establishment speech 83 Obama to lay out deficit plan with focus on tax, spending 74 UPDATE 1-Geithner says Congress will pass debt limit increase Watched Cupless bra combats cleavage crinkle Fri, Apr 15 2011 VW unveils new sporty Beetle Mon, Apr 18 2011 South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 With an eye to Japan, world pledges cash for Chernobyl Tweet Share this By Richard Balmforth KIEV (Reuters) - World powers, spurred by the nuclear crisis in Japan, on Tuesday pledged 550 million euros ($780 million) to help build a new containment shell at the site of the 1986 Chernobyl accident. Ukraine had hoped for... Email Print Related News U.N.'s Ban calls for "global re-think" on nuclear safety 10:39am EDT Analysis & Opinion Surfing the sector flows Andy Warhol datapoints of the day Related Topics World » Japan » Nuclear Power » Related Video Ex-regulator resigns from TEPCO Mon, Apr 18 2011 1 / 3 Ukrainian police detain an activist from the women's rights organisation ''Femen'' during a protest in central Kiev April 19, 2011. Ukraine looks to the world on Tuesday to pledge more funds to help it contain the consequences of history's worst nuclear accident as leaders from the Group of Eight industrial powers and the European Union gather in Kiev for a conference marking 25 years since the Chernobyl disaster. Credit: Reuters/Konstantin Chernichkin By Richard Balmforth KIEV | Tue Apr 19, 2011 11:23am EDT KIEV (Reuters) - World powers, spurred by the nuclear crisis in Japan, on Tuesday pledged 550 million euros ($780 million) to help build a new containment shell at the site of the 1986 Chernobyl accident. Ukraine had hoped for 740 million euros from governments and international organisations at a conference in Kiev, marking 25 years since the world's worst nuclear accident. Officials at the conference were optimistic more funds would still be found to make the Chernobyl site safe. "This is what we have been able to raise through joint efforts -- and we consider this figure preliminary -- 550 million euros," Ukrainian President Viktor Yanukovich said at the end of the pledging conference. Though the figure was short of Ukraine's goal, European Commission President Jose Manuel Barroso said that when all the pledges were in, it was possible the conference's "very ambitious goal" would be achieved. Ministers and officials from the Group of Eight industrial nations and the European Union took the lead at the conference, saying they were ready to fund a new giant encasement over the Chernobyl reactor that exploded in 1986, billowing radiation across Europe. The plan is to build a 110 meter high shell over Chernobyl's No. 4 reactor, which blew up in April 1986 after a safety experiment went wrong. Delegates also expressed solidarity with Tokyo's efforts to control the crisis at Fukushima. Japan's ambassador told the gathering that "under the challenging circumstances" Tokyo would not be able to pledge additional funds to the Chernobyl effort. Both Chernobyl and the Fukushima crises showed that "nuclear accidents respect no borders," said U.N. Secretary general Ban Ki-moon. Yanukovich said the Soviet-era disaster at Chernobyl in 1986 had left Ukraine with a "deep wound which it will have to cope with for many years. "Neither Ukraine nor the world community has the right to turn back from seeking answers to the questions which Chernobyl has presented us with," he added. Barroso, describing the pledges as a "very good result," said the European Commission had committed itself to putting up 110 million euros. In all, the EU bloc was providing half the funds required for Chernobyl "shelter and safety" projects, he said. The European Bank of Reconstruction and Development said it would put up 120 million euros and French Prime Minister Francois Fillon said his country would provide 47 million euros. The new structure will cover the present makeshift shelter which is now beginning to leak radioactivity from hundreds of tones of radioactive material inside. 1 2 Next World Japan Nuclear Power Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (1) auger wrote: The requested funds won’t be the first, nor the last billion spent on Chernobyl. If the total spent already were priced in today’s dollars, the amount is probably quite high. It’s also a matter of decades before the matter is revisited. Apr 19, 2011 6:51am EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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