Ukraine Recovery Digest

21.11.2023

For your attention, the main recovery news for November 11-17, 2023:

 

THE MAIN NEWS

  • Ukraine expects to become a full member of the OECD.
  • We consistently implement the recommendations of the European Commission: the Government has improved the requirements for monitoring, reporting and verification of greenhouse gas emissions in Ukraine.

  • The Government adopt decisions to enable Ukraine to join the European Cross Border Cooperation Program largely - Denys Shmyhal

  • Together with MIGA, we agreed to set up a working group to accelerate the raising of additional funds for investment insurance in Ukraine: Yuliia Svyrydenko.

  • The Government attracts a loan from the World Bank in the amount of almost USD 1.1 billion.

  • The Government attracts a grant from Norway in the amount of USD 190 million and a grant from Switzerland in the amount of  USD 70 million.

  • Ukraine and a pool of British insurance companies have created a mechanism to ensure access to the Black Sea corridor for exporters.

  • Ukraine Energy Support Fund: Denmark to contribute EUR 7 million.

  • Denmark helps rebuild Ukraine’s communities together with the UN. 

  • The United Kingdom has provided over USD 1.6 billion in financial assistance to Ukraine since February 2022.

  • The United States intends to provide Ukraine with $500 million to strengthen its energy system.

  • Council of Europe Development Bank grants EUR 100 million to Ukraine to implement projects in the field of medical infrastructure restoration and rehabilitation.

  • IFC will study investment projects submitted by the Ministry of Economy for possible financing.

  • The United States expresses interest in investing in Ukraine’s energy sector.

 

EXPERT OPINION

 

  • Lana Zerkal, Ex-Advisor to the Minister of Energy, Extraordinary and Plenipotentiary Ambassador: How to make Ukraine attractive for Western and our business – NV

  • Maryna Denysiuk, Senior Project Manager on Recovery at  the Reforms Delivery Office of the Cabinet of Ministers of Ukraine, expert on energy and climate: Reform under fire: what the EU expects from Ukraine in the energy sector and the green agenda  – Evropeyska pravda 

  • Neil Ferguson, historian and economist: "Start now, not tomorrow!" The famous historian called on the West to begin the immediate modernization and recovery of Ukraine – NV

 

 

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