Excursions in Ukraine rebuilding of Ukraine

Groundbreaking model for Ukraine reparations launched in EU Parliament

As Russia’s war against Ukraine continues, policymakers around the world have begun to consider the question of reparations. These will be necessary in compensating Ukraine for Russia’s invasion, and will be vital in the rebuilding of Ukraine’s economy and society.

rebuilding of Ukraine

The NSDC Staff and UNDP in Ukraine to cooperate in restoring Ukraine’s destroyed critical infrastructure

The Staff of the National Security and Defense Council of Ukraine and UNDP in Ukraine will cooperate in the field of restoring the destroyed critical infrastructure of Ukraine.

This is provided for in the Memorandum of Understanding between the NSDC Staff and UNDP, which was signed by Head of the NSDC Staff Andriy Ziuz and acting Permanent Representative of UNDP in Ukraine Manal Fouani.

According to the Memorandum, the Parties will cooperate in the development of state policy priorities and proposals for improving legislation in the field of national security and defense.

rebuilding of Ukraine Russian-Ukrainian War

Post-war rebuilding of Ukraine: determining and compensation of damage and losses

The damage and the losses  caused to Ukraine as a result of the armed aggression of the Russian Federation

The total damage to Ukraine’s economy

During the first six weeks of the war, the total damage to Ukraine’s economy exceeded $500bn. According to government estimates, this figure could increase in the long run to $1trn, or five times last year’s GDP. 

Ukraine’s economy is expected to shrink by an estimated 45.1 percent this year, although the magnitude of the contraction will depend on the duration and intensity of the war, says the World Bank.

At the same time, according to UN data, since the beginning of the war, the number of refugees from Ukraine who were forced to leave their homes and go abroad as a result of the Russian invasion has reached more than 6.5 million people.