EBRD announces funding shortfall for emergency repair of Chernobyl nuclear power plant shelter The European Bank for Reconstruction and Development (EBRD) said it is short 500 million euros for emergency repairs to the protective sarcophagus at the Chernobyl nuclear power plant. The structure, which was damaged by a Russian drone strike in February 2025, - known as the "new protective prison" - protects the remains of the reactor and ensures safe handling of radioactive materials. The president of the EBRD, Odile Renault-Basso, stated that the damage must be repaired by 2030. Left untreated, moisture can cause corrosion of the infrastructure beneath the containment arc, which will ultimately make managing the radioactive materials much more difficult and expensive. News in the link: