June 26, 2019, 14:53

Donors Pledge About $1.1Bln for Notre Dame Restoration – Reports

Donors Pledge About $1.1Bln for Notre Dame Restoration – Reports

PARIS (Sputnik) – The amount of donations pledged for restoring the iconic Notre Dame cathedral, which was severely ravaged by the blaze earlier in the week, has reached about 1 billion euros ($1.1 billion), Le Parisien newspaper reported on Wednesday.

According to Le Parisien newspaper, the information is valid as of Tuesday evening.

A massive fire broke out at the cathedral on Monday evening, causing the collapse of the Notre Dame spire and two-thirds of the roof. The blaze was fully extinguished only on Tuesday morning. Though the inferno badly damaged the iconic church, the two main towers, relics and main works of art were saved.

READ MORE: Notre Dame Fire: French Politicians Not Eager to Restore Monuments — Historian

The reasons for the tragedy are still unclear but might have been linked to the renovation work. Prosecutors consider accidental ignition to be the most likely cause of the incident.

French President Emmanuel Macron has described the inferno as a “terrible tragedy” and promised to rebuild the 850-year-old cathedral within five years.

The United Nations Educational, Scientific and Cultural Organization (UNESCO), countries and companies across the world, including leading banks, beauty giant L’Oreal, luxury goods company LVMH, oil and gas giant Total and French holding company Artemis, have already expressed readiness to contribute to restoring Notre-Dame de Paris.

Paris Mayor Anne Hidalgo announced the release of 50 million euros to restore the renowned cathedral. Valerie Pecresse, president of the Ile-de-France region, in which Paris is located, promised to release 10 million euros in “emergency aid to help the [Paris] archdiocese to do the initial work.”

France’s Heritage Foundation, meanwhile, has also launched a nationwide fundraising campaign.

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