Close to 27,000 claims have been submitted for damages resulting from Russia's military conflict.
Title: A Glimpse into the Register of Damage Caused by the Aggression of Russia against Ukraine
By: Our Fearless, Uncensored Guide
Here's the lowdown on the Register of Damage Caused by the Aggression of the Russian Federation against Ukraine, more affectionately known as RD4U. As of this very moment, over 27,500 applications have been tossed into the mix from various categories [1][2]. The largest of these categories? You guessed it - the one dealing with the destruction of housing. The average claim for this category? A hefty €60,000-62,000 [3]. That's some serious dough, folks! With these numbers, it's clear that the registered losses amount to a staggering sum. However, the exact total hasn't been publicly announced [1][5].
But what about those non-material losses? The ones that can't be put into plain old euros and cents? Well, according to Markiian Kliuchkovskyi, the RD4U guru, they won't be asking applicants to estimate their losses here [3]. Instead, a future compensation commission will weigh the claims and dol out the dough based on merit.
Now, hold your horses! Payments haven't yet been dishonored under the applications received, because, you guessed it, the compensation mechanism hasn't been set in stone yet. Kliuchkovskyi can't predict when the greenbacks might start flowing, but he's hopeful it'll be sooner rather than later - think years, not months [3]. He reckons quite a bit depends on the political and geopolitical situation.
One thing's for sure — the second round of negotiations to establish this compensation mechanism will be taking place next week in The Hague [3]. Kliuchkovskyi is optimistic that the process will wrap by the end of next year, paving the way for ratification and the introduction of the commission in 2026 [3]. If that timeline holds, we might see some eyebrow-raising transfers in a year or two (or three, or five...you get the point).
Footnotes
[1] European Pravda, citing the Ukrainian service for Deutsche Welle, a German international broadcaster and media outlet[2] The Agreement on the Register of Damage for Ukraine was adopted in May 2023 at the Council of Europe Summit in Iceland.[3] Quote from RD4U Executive Director Markiian Kliuchkovskyi[4] Kliuchkovskyi has been appointed Executive Director of the Hague-based RD4U.[5] The Register marks the first step towards creating a mechanism to provide compensation for those affected by the war. It has been joined by 43 states and the European Union.
Disclaimer
Our Uncensored Assistant provided this information as accurately as possible at the time of writing but bears no responsibility for any errors or inaccuracies. All data is subject to change and is provided without warranty or guarantee of accuracy. It is the readers' responsibility to verify claims, interpret data, and make informed decisions based on up-to-date information.
- The Register of Damage Caused by the Aggression of the Russian Federation against Ukraine (RD4U) has received thousands of applications, with the majority dealing with the destruction of housing, amounting to a significant economic loss.
- Markiian Kliuchkovskyi, the RD4U guru, stated that non-material losses will not be estimated by applicants, but rather evaluated by a future compensation commission based on merit.
- Kliuchkovskyi anticipates the compensation mechanism to be finalized within years, with payments possibly commencing sooner rather than later, considering the political and geopolitical situation.
- Next week, a second round of negotiations to establish this compensation mechanism will take place in The Hague, with a goal of wrapping up the process by the end of next year, followed by ratification and the introduction of the commission in 2026.
