Published by Global Banking & Finance Review®
Posted on March 26, 2026
1 min readLast updated: March 26, 2026
Add as preferred source on GoogleG7 foreign ministers will discuss mobilizing roughly €500 million to repair Ukraine’s Chornobyl protective shield, with coordination via the EBRD, following drone damage that compromised its containment function.
VAUX-DE-CERNAY, France, March 26 (Reuters) - The foreign ministers of the G7 group of nations will discuss repair works worth about 500 million euros ($576.30 million) for the protective shield of Ukraine's Chornobyl nuclear plant, France's foreign minister Jean-Noel Barrot said on Thursday.
"The G7 must play a leading role in this fundraising, in close coordination with the European Bank for Reconstruction and Development (EBRD)," Barrot told reporters on the sidelines of a G7 meeting taking place in France. The EBRD president Odile Renaud-Basso is due to attend the second day of the G7 event on Friday.
Drone damages have prevented Chornobyl's protective shield from performing its main safety function, the United Nations nuclear watchdog said last year.
($1 = 0.8676 euros)
(Reporting by John Irish and Gianluca Lo Nostro; Editing by Sudip Kar-Gupta)
The G7 is discussing repair works for Chornobyl's protective shield due to drone damages that have compromised its main safety function.
About 500 million euros ($576.3 million) is being considered for the repair works of Chornobyl's protective shield.
The G7, the European Bank for Reconstruction and Development (EBRD), and the United Nations nuclear watchdog are involved.
The EBRD will coordinate fundraising and potentially oversee the allocation of the repair funds for Chornobyl.
The topic will be discussed at the G7 meeting, with the EBRD president attending the second day of the event.
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