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🌐 How Does the World Bank Prioritize Investment Projects in Ukraine?  

The specifics of this process were discussed in detail during the meeting of the FIEC-EIC Task Force "Ukraine" on March 4, 2025.  

💬 The meeting was opened by Kjetil Tonning, Head of the FIEC-EIC Task Force “Ukraine”, Honorary President at FIEC: “I know that you are going through extremely difficult times right now. We hope that the situation will improve. In Norway, we are trying to ensure that our government allocates more funding for Ukraine. I hope that other countries are doing the same to increase support and help you with the challenges you face and in your fight for all of us.”  

👤 Detailed information on the Ukraine’s Fourth Rapid Damage and Needs Assessment (RDNA4), as well as investment priorities in Ukraine, was presented by Oleksandra Shatyrko, Disaster Risk Management Specialist, World Bank, and Tessa Clare Cullen, World Bank.  

According to the latest RDNA4 assessment, the total direct damages amount to $176 billion. For comparison, the RDNA3 results (a year ago) estimated damages at $152 billion. The calculated recovery needs amount to $524 billion, including:  

✔️ restoration and repair of buildings and infrastructure according to modern green standards;  

✔️ support for the recovery of the public and private sectors.  

As reported by Oleksandra Shatyrko, the most significant damages were recorded in the social sector ($77.1 billion) and the infrastructure sector ($67 billion). The highest concentration of destruction is in frontline regions and the Kyiv region, specifically:  

❌ housing – $57.6 billion;  

❌ transport – $36.7 billion;  

❌ energy – $20.5 billion;  

❌ education and science – $13.4 billion.  

Thus, the recovery needs for residential infrastructure alone amount to $83.7 billion.  

Tessa Clare Cullen informed that in 2025, $17.32 billion is planned to be allocated, of which $11.88 billion has already been assigned to specific projects.  

📊 Participants had the opportunity to learn about the World Bank selection and prioritization of projects through the public investment management framework (PIM) at the central level. All investment projects are considered in a consolidated manner, allowing for the identification of priorities and the further implementation of projects.  

💰 In total, 787 projects (with a total value of $61.67 billion) are under consideration, some of which are ready for implementation while others are still being assessed. Of these, 304 projects ($11.88 billion) were planned for implementation in 2025. However, only $3.3 billion in funding has been secured.  

Meanwhile, unfunded projects remain in the areas of transport, education, social sciences, and some demining programs.  

👉 The full RDNA4 report can be accessed at:  

https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099022025114040022 

During the meeting, the results of a survey on the activities of the Task Force "Ukraine" were reviewed. Participants expressed interest in such meetings and presentations from invited guests.  

💬 Oleksandr Chervak, CEO of the CBU, expressed gratitude for the support of Ukraine and emphasized: “Thank you, FIEC, for the work of this group! We know that many European governments have development funds, including those supporting Ukraine. They have several initiatives in which European companies and companies from funding countries can participate. For example, the Government of Finland allocates funds for Finnish companies that can be invested in Ukraine’s recovery projects. It would be extremely useful to gather information on such initiatives, as companies often do not know about these opportunities.”  

🏗️ “One of the biggest challenges in Ukraine’s recovery is the lack of ready-made projects that can attract funding, such as social infrastructure projects. We are ready to engage in any initiatives aimed at supporting Ukraine. We are open to cooperation and thank you for your support!” – noted Oleksandr Chervak.

WE WILL WIN AND REBUILD EVERYTHING! 💪

TOGETHER TO VICTORY! 

GLORY TO UKRAINE! 💙💛