UN Reports 'Staggering' $14 Billion Cost Of Ukraine Dam Breach

An aerial photograph of the destroyed Kakhovka dam in Ukraine in June.

The destruction of the Kakhovka dam in southeastern Ukraine in June caused $14 billion worth of damage and losses, a report by the Ukrainian government and the United Nations said on October 17. Ukraine accused Russia of blowing up the dam, flooding the surrounding area, and leaving areas upstream without water. Moscow has denied responsibility. "The stark figures speak for themselves. The destruction of the Kakhovka dam has resulted in a staggering loss and damage," said Christophoros Politis, the UN Development Program's deputy resident representative in Ukraine, at a presentation in Kyiv.