EBRD wartime support for Ukraine has surpassed €10.5 billion after the European Bank for Reconstruction and Development announced more than €500 million in new financing and support at the Ukraine Recovery Conference held in Gdańsk, Poland, on 25–26 June 2026.
The new funding package reinforces the EBRD’s role as Ukraine’s largest institutional investor and a major partner in supporting the country’s economy during the war. The Bank’s latest commitments are designed to strengthen resilience across critical sectors, including energy, banking, municipal services, private business, infrastructure and governance.
A major part of the new support focuses on Ukraine’s energy security and renewable energy development. The EBRD signed agreements to support reconstruction of power substations, wind energy projects, battery storage initiatives and renewable energy investment mechanisms. These measures aim to help Ukraine restore damaged energy infrastructure, expand clean power generation and reduce vulnerability caused by wartime attacks.
The Bank also announced significant financing through Ukraine’s financial sector to help businesses access credit. New transactions with eight Ukrainian banks are expected to enable hundreds of millions of euros in new lending for micro, small and medium-sized enterprises, mid-sized companies and households investing in energy security, efficiency and green technologies.
The EBRD’s support also extends to Ukrainian cities affected by the war. New municipal commitments will help Kharkiv restore heat and electricity generation, support energy-saving upgrades in public buildings in Rivne, provide emergency liquidity to frontline cities including Dnipro, Kharkiv and Kryvyi Rih, and prepare emergency liquidity support for Kyiv.
In addition to financing, the EBRD is supporting Ukraine’s long-term recovery through policy and institutional reforms. New cooperation agreements signed at the conference focus on state-owned enterprise reform, financial-sector governance, energy security, cultural heritage partnerships, road infrastructure planning, port modernisation and alignment of Ukraine’s energy system with European Union standards.
Overall, the EBRD’s latest commitments highlight a broad recovery strategy that combines immediate wartime resilience with long-term reconstruction. By supporting energy systems, businesses, municipalities and reforms, the Bank is helping Ukraine maintain essential services, protect livelihoods and prepare for future economic recovery.
