On 26 April 2016, Petro Poroshenko, the President of Ukraine, signed the Decree declaring the intent to establish the Chornobyl Radiation and Ecological Biosphere Reserve (with the allocation of 226,000 ha of land for permanent use). This Presidential Decree is just a declaration of intent: its entry into force is subject to certain amendments to a number of Ukrainian laws.

Establishing the reserve is just the first step towards putting vast land areas back into commercial circulation. The declared goal of contributing to the organization and conducting international scientific research in the contaminated territory cannot be effectively achieved through the selected mechanism (biosphere reserve). The same is true for ensuring support and improving the barrier function of the Chornobyl Exclusion Zone and the Unconditional (Compulsory) Evacuation Zone — a biosphere reserve does not serve this purpose. Obviously, the actual goal is to establish a legitimate land owner for the implementation of commercial projects.

To ensure completion of the tasks declared by the President, it is necessary to establish a special kind of institution, whose main function would not be land use. Thus, the focus should be on establishing an institution providing opportunities for research and investment activities, implementation of international scientific projects and consulting. This requires at least an international supervisory board and efficient modern management system. It can be accomplished through establishing special legal framework and legal form for such institution.