Will There Be a Nuclear Accident in Ukraine in 2022?

Market Resolved: NO

Contract

Best Yes Price

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Implied Probability: -
European Decimal Odds: -
American Odds: -
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Market Information

Market Open Date Market Close Date Currency Profit Fee
2022-08-19 2023-01-01 USD 0%

Rules

This question will resolve "Yes" if the International Atomic Energy Agency (IAEA) announces that there has been an accident or incident level 4 or higher according to the International Nuclear and Radiological Event Scale (INES) in Ukraine by midnight on December 31st, 2022. The INES scale is from 0 to 7, and was introduced in 1990 by the IAEA in order to enable prompt communication of the severity of nuclear accidents.

A level 4 incident is described by the IAEA as "an accident with local consequences". 

Impact on people and environment:

  • Minor release of radioactive material unlikely to result in implementation of planned countermeasures other than local food controls.
  • At least one death from radiation.

Impact on radiological barriers and control:

  • Fuel melt or damage to fuel resulting in more than 0.1% release of core inventory.
  • Release of significant quantities of radioactive material within an installation with a high probability of significant public exposure.

If there is a nuclear incident, but either the IAEA does not report it, or it is categorized as level 3 or below, or not categorized, then this market will resolve as "No". We will use Ukraine's pre-2014 borders, which include Crimea and the Donbass. 

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