New agreements worth EUR 2.3 billion under the Ukraine Facility investment instrument signed at URC 2025 in Rome

Today, during the Ukraine Recovery Conference (URC2025) in Rome, new financial agreements totaling EUR 2.3 billion were announced under the Ukraine Investment Framework (UIF), the investment component of the Ukraine Facility program.

This was the result of close cooperation between the Government of Ukraine, the European Commission, and leading international financial institutions such as the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC), as well as development banks of individual countries, namely KfW (Germany), BGK (Poland), AFD (France), and others.

Within the Ukraine Facility, the EU’s flagship instrument to support Ukraine with EUR 50 billion, the European Commission announced a new package of agreements worth EUR 2.3 billion. The agreements were signed with international and bilateral public financial institutions within the Ukraine Investment Framework, which includes EUR 1.8 billion in loan guarantees and EUR 580 million in grant and blended finance. These funds are expected to mobilize up to EUR 10 billion in investments in Ukraine’s economy.

“Today, the EU reaffirms its role as Ukraine’s strongest partner. Not just its top donor, but a key investor in its future. With EUR 2.3 billion in agreements signed, we aim to unlock up to EUR 10 billion in investments to rebuild homes, reopen hospitals, revive businesses, and secure energy. This is solidarity in action. Ukraine is moving closer to the EU every day – in energy, education, roaming, and culture. Europe stands with Ukraine – today and tomorrow.” emphasized the President of the European Commission, Ursula von der Leyen.

“This is already the second major package of agreements within the UIF. Last year, we signed agreements worth EUR 1.4 billion, and now the total amount of new agreements is EUR 2.3 billion. Of this, almost EUR 1.8 billion is in loan guarantees to attract investment from the private sector, state-owned enterprises, municipalities, and small and medium-sized businesses. Another EUR 580 million is in grants and non-repayable technical assistance. We are grateful to our European partners for their trust and consistent support for Ukraine’s path to full EU membership,” said First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko.

The new EUR 2.3 billion package of agreements announced by European Commission President Ursula von der Leyen has the potential to attract more than EUR 10 billion in additional investment in Ukraine’s most pressing needs during the implementation period of the relevant investment programs. Among the key areas are:

• Supporting SMEs and War-Affected Businesses: Over EUR 500 million in EU-backed guarantees and grants will directly benefit Ukraine’s micro, small and medium-sized enterprises (SMEs). Programmes with the European Bank for Reconstruction and Development (EBRD), Polish Development Bank (BGK) and Council of Europe Development Bank (CEB) will help reach those impacted by the war. With a special focus on start-ups and companies employing veterans and displaced persons, these initiatives aim to revitalise local economies and restore livelihoods.
• Mobilising Strategic Investments: The EU is also backing large-scale private sector reconstruction projects in key sectors such as energy, transport, agri-food, digital, and manufacturing. Over EUR 600 million in guarantees and grants provided through the European Development Finance Institutions (EDFI), Czech Development Bank (NRB) and Polish BGK will leverage large-scale private investments. Private business will be mobilised in infrastructure, dual-use industries, and strategic value chains, vital for Ukraine’s long-term growth and integration into EU markets.
• Rebuilding Ukraine’s Cities and Communities: Municipal infrastructure remains a top priority. New EU financing will channel over EUR 520 million into war-affected and underserved regions with French Development Agency (ADF), Nordic Green Bank (NEFCO) and Polish BGK. They will support healthcare, urban mobility, water, sanitation, housing, and district heating – with a strong focus on helping internally displaced people rebuild their lives.
• Advancing Energy Security and the Green Transition: An energy-resilient Ukraine is an independent, sovereign Ukraine. Through more than EUR 265 million in guarantees and grant support, the EU is helping Ukraine stabilise its energy grid, rebuild renewable energy capacity, and improve energy efficiency. Flagship programmes with EBRD, Slovak Eximbanka and SlovakAid Agency will mitigate investment risk and scale up clean energy solutions in one of Europe’s most affected regions. Among them, the Renewables Support Mechanism aims at reducing electricity market price volatility and unlock up to 1.5 GW of additional renewable energy capacity in Ukraine.
• Strengthening Critical Infrastructure and Social Impact: To help Ukrainians recover from the devastating impact of the war, the EU is supporting the repair of housing, modernisation of hospitals, and rebuilding of medical facilities with more than EUR 310 million in guarantees and grants. The EU’s partnership with the World Bank and Czech NRB will ensure that investments reach those most in need.

With the launch of these new investment programmes, total EU commitments under the Ukraine Investment Framework now amount to EUR 5.7 billion, expected to leverage over EUR 18 billion in investments. This accounts for more than 60% of the funding available under the Ukraine Investment Framework between 2024–2027.