World Bank to help assess damages caused by blowing up of Kakhovka HPP

World Bank to help assess damages caused by blowing up of Kakhovka HPP

The World Bank will help assess the damage caused to Ukraine as a result of the blowing up of the Kakhovka hydroelectric power station dam by Russian troops.

Prime Minister Denys Shmyhal said this at the Ukraine Recovery Conference in London, an Ukrinform correspondent reports.

"411 billion dollars is an unprecedented figure, unfortunately. And we have not yet sufficiently assessed the consequences of the ecocide that we have after the explosion at the Kakhovka dam. This assessment will now be carried out with the help of the World Bank. We support this work of the World Bank and are convinced that it is extremely necessary," Shmyhal said.

Read also: Blinken: US has already provided Ukraine with about $2.1B in humanitarian aid

As reported, on the night of June 6, the Russian army blew up the dam of the Kakhovka hydroelectric power plant, causing flooding of parts of Kherson and Mykolaiv regions and at the same time critical shallowing of the Kakhovka reservoir.

The World Bank estimates that Ukraine's rapid recovery in 2023 will require at least $14.1 billion. But after the terrorist attack on the Kakhovka hydroelectric power plant, the urgent needs have increased. In total, Ukraine will need at least $411 billion over the next decade to rebuild what the enemy has destroyed.

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