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With an eye to Japan, world pledges cash for Chernobyl
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With an eye to Japan, world pledges cash for Chernobyl
	
		
        
	     
	        
                
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	                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...
	                
	                
	            
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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.
	
	
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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
    
    
    
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