Russia begins a new military aggression against Ukraine. The EIB Group expresses its solidarity with the Ukrainian people and strongly condemns the unjustified Russian attack of the country.
€668 million
March 2022
First part of Ukraine Solidarity Urgent Response
First part of Ukraine Solidarity Urgent Response
Immediate assistance, backed by an EU guarantee, for the Ukrainian authorities.
Why it matters
It helps the Government of Ukraine meet most immediate and urgent financial needs.
Fully disbursed in March 2022
€1.59 billion
July 2022
Second part of Ukraine Solidarity Urgent Response
Second part of Ukraine Solidarity Urgent Response
Immediate response, backed by an EU guarantee, for essential needs.
Why it matters
This support helps Ukraine fix damaged infrastructure, restart municipal services, and support urgent energy efficiency measures in preparation for the cold season.
€1.05 billion disbursed by October 2022
€540 million earmarked for 2023
Read the press release
Read the press release about the first disbursements
Read the press release about the second disbursement
€1.59 billion
€3.6 million
Humanitarian aid donations
Donations amounting to €3.6 million humanitarian aid.
Why it matters
The donations, coordinated by the EIB Institute, prioritise emergency relief for people impacted by the conflict in Ukraine and its neighbouring countries.
€2.5 million in March 2022 - Read more
€95,000 in October 2022 - Read more
€1 million in December 2022 - Read more
€4 billion
May 2022
Response to displaced people's needs
Response to displaced people's needs
A credit line complemented by the EMBRACE Advisory Platform.
Why it matters
This support for municipalities in Ukraine’s neighboring EU countries will provide financing for key infrastructure and services for refugees and host communities, such as housing, schools, hospitals and access to jobs.
Read the press release
Go to the EMBRACE Advisory Platform
Read about Poland: First tranche - Second tranche
Read about the Czech Republic
24 February 2022
4 March 2022
The EIB Board approves €668 million immediate financial support to Ukraine.
This immediate response follows Russia's invasion of Ukraine. Read the statement expressing the EIB Group's solidarity with the Ukrainian people and strong condemnation of the Russian military invasion.
4 April 2022
The EIB fully disburses the initial emergency solidarity package for Ukraine, within a month of its approval. The package includes €668 million in immediate assistance for the Ukrainian authorities. The EIB Institute also donates €2.5 million for humanitarian aid to help people affected by the conflict in Ukraine.
9 April 2022
At “Stand Up For Ukraine,” a global fundraising event to support the victims of the Russian invasion, the EIB pledges an additional €4 billion to support Ukrainian war refugees in EU Member States. The new package will finance key social infrastructure, including housing, schools, hospitals and kindergartens.
18 May 2022
The EIB Board of Directors approves a €4 billion credit line to help national authorities, cities, regions and local communities in all EU Member States address urgent investment needs and help welcome and integrate people fleeing the war against Ukraine.
The EIB credit line follows the pledge announced by President Werner Hoyer on 9 April 2022 at “Stand Up for Ukraine”, a global campaign for pledging funds for Ukraine and its refugees. The credit line will be complemented by the EMBRACE Advisory Platform, supported by InvestEU Advisory Hub, JASPERS and fi-compass initiatives, and helping EU Member States to better address infrastructure needs.
25 July 2022
The EIB Board, supported by the EU Commission, approves €1.59 billion of EU financial assistance for Ukraine.
15 September 2022
The EIB Group disburses €500 million of immediate assistance to Ukraine to address its most urgent needs. These funds are part of the second €1.59 billion package of the EIB’s Ukraine Solidarity Urgent Response developed in close cooperation with the European Commission. On this day, President Hoyer presents to Ukraine’s Prime minister Denys Shmyhal EIB Group’s plans for the recovery and reconstruction of Ukraine.
12 October 2022
The EIB Group disburses an additional €550 million of immediate assistance to Ukraine to address its most urgent needs. These funds are part of the second €1.59 billion package of the EIB’s Ukraine Solidarity Urgent Response developed in close cooperation with the European Commission. Following a first disbursement on 15 September from this package, the disbursed amount will help Ukraine cover urgent financing needs, restore some of the most critical damaged infrastructure, resume the provision of municipal services and support cities in the process of recovering basic functions and basic services for the population. To this day, the EIB Group has disbursed in total €1.7 billion to Ukraine since the beginning of the full-scale Russian invasion. The EIB Institute also announces an aid of €95 000 for two additional projects.
14 December 2022
At the Paris conference for the resilience and reconstruction of Ukraine, EIB Vice-President Teresa Czerwińska confirms further expansion of the EIB’s financial and advisory support for Ukraine’s recovery and EU accession.
The EIB Institute also donates another €1 million to support Ukrainian family-style orphanages and purchase ambulances, fire trucks and generators for Ukraine.
29 March 2023
The EIB’s Board of Directors approves “EU for Ukraine”, an initiative to finance reconstruction and recovery in Ukraine.
As part of the initiative, the EIB establishes a fund enabling the European Commission, EU Member States and other donors to support reconstruction and recovery in Ukraine. Known as the “EU for Ukraine Fund,” it provides enhanced credit to EIB loans for both public and private sector investment.
On 26 April 2023, Italy pledges €100 million in support to the Fund.
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