EU signs new agreement to fund nuclear safety at the Chornobyl site

EU signs new agreement to fund nuclear safety at the Chornobyl site

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Today the European Commission and the European Bank for Reconstruction and Development (EBRD) have signed a new agreement amounting to € 19.1 million to fund the Nuclear Safety Account and the completion of the Interim Storage Facility 2 (ISF2) in Chornobyl, to prevent radioactive releases and contribute to make the site environmentally safe and stable.


The Nuclear Safety Account managed by the EBRD was created in 1993 at the initiative of the G7 to provide safety assistance to countries operating Soviet-designed nuclear power plants. Currently the Account funds the completion of the new Interim Spent Fuel Storage Facility 2 at the Chornobyl site to process fuel from all Chornobyl’s reactors shut down in 1999.

“Chornobyl continues to matter – because a nuclear disaster has severe impacts for generations to come. The European Union remains dedicated to improve nuclear safety, as well as the quality of life of people in the region. We have now nearly completed building the storage facility for used up nuclear fuel, to prevent it from contaminating the surrounding area further – and thereby protect what is probably one of the most dangerous areas in the world,” Commissioner for International Cooperation and Development, Neven Mimica.

The European Union has been at the forefront of the efforts to deal with the aftermath of the Chornobyl accident in 1986, with a total contribution of € 720 million to industrial, social and research projects in the area.

The European Commission will continue working with international partners to ensure that such a catastrophe will never happen again and that the legacy of Chornobyl will be a safer environment for us all.

Source: European Commission. Read full information.
7 July, 2017