34th G8 Summit - Budget

Budget

Japan spent an unprecedented amount on hosting the G-8 Summit. Although a full accounting has not been announced, the estimated total budget was more than ¥60 billion:

• ¥30 billion (£283 million; $561 million) used by the National Police Agency for patrolling the venues, including taking counter-terrorism measures. When the three-day meeting ends, Japanese taxpayers will face a bill which dwarfs the estimated £1.3m Britain stumped up at Gleneagles three years ago. A foreign ministry spokesman suggested that "the number of parties attending this year is unprecedented, which has admittedly complicated the arrangements, and it's simply not fair to compare it with previous summits."
• ¥25.5 billion will be spent by the Foreign Ministry.
  1. approximately ¥9 billion for communications infrastructure between the summit venue in Toyako and Rusutsu, where the international media center will be located.
  2. approximately ¥5 billion for the media center, which is constructed on a parking lot in a ski resort and will accommodate around 3,000 people from the press and governments. Inside and outside the center, cutting-edge environmental technology, including fuel cells and heat pumps, will be exhibited. The center itself boasts eco-friendly features, including solar panels, "green" walls and a snow cooling system. Once the summit is over, however, the building will be demolished.
• ¥1 billion each for The Defense Ministry and Japan Coast Guard for transporting the leaders and patrolling sea areas near the venue and monitoring the 46 km no-fly zone surrounding the summit site.

The Times reports that the estimated cost of the Hokkaidō summit topped $285 million.