The Government of Ukraine, the World Bank, the European Commission and the United Nations will soon present the Fourth Rapid Damage and Needs Assessment (RDNA4).
The RDNA provides a comprehensive analysis of the damage caused to Ukraine by russia’s full-scale war. The report determines the amount of funds needed for recovery and reconstruction.
The representatives of the Ministry of Finance of Ukraine and the World Bank discussed the preparation for the presentation and agreed on the priority areas that need urgent recovery.
The meeting was attended by Deputy Minister of Finance of Ukraine Olga Zykova and World Bank Regional Country Director for Eastern Europe Bob Saum.
“russia’s full-scale invasion of Ukraine has caused significant losses to the country. And we have a long way to go to rebuild. This report provides an analytical framework to support effective recovery. Estimates verified by partners help to consolidate additional funds for reconstruction, including from international donors,” said Olga Zykova.
The parties also discussed last year’s results of cooperation and the state of preparation and implementation of joint projects in 2025.
In 2024, 28 agreements totaling USD 31.8 billion were signed, including USD 22.9 billion in grants. Millions of Ukrainians have received support through Ukraine’s cooperation with the World Bank.
These funds, in particular, made it possible to finance aid to low-income families, IDPs, people with disabilities, and families with children, as well as salaries for healthcare, education, emergency response services, and civil servants under the PEACE in Ukraine project (USD 26.3 billion in 2024).
Almost USD 230 million has been allocated to support agricultural producers through affordable loans and grants, which has allowed to support more than 50,000 farms and 40,000 small farms, and provide affordable financing for 10,000 farmers (ARISE project).
It also provided compensation for small and medium-sized repairs to partially damaged residential buildings for 82,944 households (HOPE project). As part of the Re-PoWER project, contracts worth USD 47 million were signed for the supply of basic heat supply equipment for the city of Kharkiv (13 block-modular boiler houses, 15 cogeneration units, and 10 generators).
In the context of cooperation in 2025, the importance of finalizing the Project Preparation Facility (PPF) to coordinate project preparation was noted in order to launch the mechanism, which will facilitate the development of recovery projects.