The World Bank Group has announced a new package of financing, guarantees and private-sector tools aimed at pulling more investment into Ukraine’s wartime recovery.
The announcement, made at the 2026 Ukraine Recovery Conference in Gdańsk, puts fresh money behind reforms, energy projects and risk protection for investors considering work in Ukraine while Russia’s invasion continues.
The centerpiece is a $3.39 billion operation designed to help Ukraine strengthen its private sector, attract investment, address labor shortages and move closer to European markets. The World Bank Group said the financing will combine donor funds, lending backed by Japan through the ADVANCE Ukraine Trust Fund, a guarantee from the United Kingdom and grant financing from the F.O.R.T.I.S. Financial Intermediary Fund.
The development adds pressure on donors and private investors to turn reconstruction promises into projects. A separate platform, the Special Program for Ukraine Recovery 2.0, could mobilize up to $6 billion to help Ukraine maintain services and fund recovery, with a target of about $2 billion in donor support.
Energy is a central part of the plan. Ukraine’s new energy vision identifies about $26 billion in investments in a more decentralized and resilient power system. Two wind projects backed by IFC financing are also moving forward, including a €70 million package for Notus Energy GmbH and €50 million for OKKO Group’s wind project.
The World Bank Group and the EBRD are also working with Ukraine and partners on a program that could develop about 1,000 megawatts of new energy and battery storage capacity, while mobilizing around €1.5 billion in private investment.
For investors, the risk question remains central. Since February 2022, MIGA has issued more than $950 million in political risk insurance for investments in Ukraine, including more than $600 million in new guarantees.
