Russia to contribute extra ten million euro to Chernobyl Shelter Fund

The Russian government has decided to contribute an extra ten million euro to the Chernobyl Shelter Fund.

The Russian government has decided to contribute an extra ten million euro to the Chernobyl Shelter Fund.

"The Russian Federation will fully honor its international commitments concerning financing for the construction of a new safe shelter. The signed resolution envisages an additional budget-funded contribution of up to ten million euro (five million euro a year) to the Chernobyl Shelter Fund in 2016 and 2017," according to the cabinet's resolution.

The Chernobyl Shelter Fund, which is a G7 initiative, was established in 1997 to build a new safe shelter over the sarcophagus covering the Chernobyl nuclear power plant's four power generating unit, destroyed as a result of a disaster in 1986.

The fund is managed by the European Bank for Reconstruction and Development, which presents reports on spending as part of this project at meetings of the Assembly of Donor-Countries.

State nuclear power corporation Rosatom has been participating in the Chernobyl Shelter Fund on behalf of Russia.

 

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