G7 to allocate €260m for repair of ChNPP confinement

Financial support from the G7

Ukraine's Ministry of Energy reported on 17 October that G7 countries plan to allocate €260 million. These funds are designated for the restoration of the New Safe Confinement at the Chornobyl Nuclear Power Plant, which sustained damage as a result of a Russian strike.

Damage assessment and required resources

Energy Minister Denys Shmyhal assessed this decision as an important step towards restoring nuclear safety at the ChNPP. He noted that the total need for restoring the structure is at least €500 million. Consequently, the funds announced by the G7 countries will cover only part of the necessary costs.

Gratitude for leadership and future plans

Denys Shmyhal expressed gratitude to France and personally to Minister Roland Lescure for their leadership in mobilising international support. He also thanked the G7 countries for their readiness to participate in the restoration process.

«Дякую Франції та особисто міністру Ролану Лескюру за лідерство в мобілізації міжнародної підтримки. Вдячний країнам G7 за готовність долучитися до відновлення. Розраховуємо залучити необхідне фінансування для покриття решти потреб під час донорської конференції, яка відбудеться в Парижі під спільним головуванням України, Франції та ЄБРР» (Thank you to France and personally to Minister Roland Lescure for the leadership in mobilising international support. I am grateful to the G7 countries for their readiness to join the restoration. We expect to secure the necessary funding to cover the remaining needs during the donor conference, which will take place in Paris under the joint chairmanship of Ukraine, France and the EBRD), Denys Shmyhal emphasised.