The European Investment Bank (EIB), backed by the European Union, has disbursed €15 million in funding to help restore essential social services in Ukraine damaged by the Russian war of aggression. This support will reach communities nationwide, with priority given to frontline areas, and is being provided under the Ukraine Investment Framework, part of the EU’s broader €50 billion Ukraine Facility.
The funds are being delivered through the EIB’s Ukraine Recovery III programme, supported by a €100 million EU guarantee, to finance small-scale recovery projects across multiple oblasts including Dnipropetrovsk, Zaporizhzhia, Zhytomyr, Kyiv, Mykolaiv, Odesa, Poltava, Sumy, Ternopil, Kharkiv, Kherson, and Chernihiv. The financing will support a variety of sectors, including rebuilding district heating systems, installing cogeneration units, upgrading boiler house power supplies, and constructing small cogeneration plants to provide more reliable heat and electricity. Health facilities will also benefit from renovations and energy-efficient upgrades, while water projects will include new pipelines, rehabilitation of water intakes, and improvements to local water supply networks. Additionally, shelters and emergency centres will be fast-tracked to provide critical protection for communities near frontline areas.
EIB Vice-President Teresa Czerwińska highlighted that the funding enables municipalities to act immediately on practical recovery projects, including repairing heating networks, improving healthcare infrastructure, and restoring water systems, particularly benefiting frontline communities and those hosting displaced people. European Union Commissioner for Enlargement Marta Kos emphasized that the EU is committed to supporting Ukrainian citizens by maintaining vital services such as schools, hospitals, clean water, and emergency shelters, prioritizing the protection of lives in conflict-affected areas.
Deputy Prime Minister for Restoration of Ukraine Oleksii Kuleba stressed the importance of the financing for addressing everyday needs like modernizing hospitals, repairing heating systems, building shelters, and restoring water supply, while Minister of Finance Sergii Marchenko noted that the funding is crucial for advancing urgent reconstruction and improving living conditions across Ukraine.
The Ukraine Investment Framework (UIF) is designed to attract public and private investments for the country’s recovery and reconstruction, offering €9.5 billion in financial instruments, including €7.8 billion in loan guarantees and €1.7 billion in blended finance. Since March 2025, the EIB has operated under a €1.95 million EU guarantee to mobilize up to €40 billion in investments to support Ukraine’s reconstruction and modernization.
The EIB has been active in Ukraine since 2007 and significantly increased its support following Russia’s full-scale invasion in 2022, providing €4 billion in financing to strengthen resilience and rebuild infrastructure. Through the EU for Ukraine (EU4U) Initiative and its role in the UIF, the EIB continues to work closely with the European Commission, Member States, the European Parliament, and international partners to accelerate recovery efforts across Ukraine.
