Multi-agency Donor Coordination Platform for Ukraine

The Russian Federation’s ongoing full scale invasion of Ukraine, which began February 24, 2022, has caused significant civilian casualties, destruction and damage to social and critical infrastructure and productive assets taking severe human, social, and economic toll on the country. The Third Rapid Damage and Needs Assessment (RDNA3), jointly developed by the World Bank, the Government of Ukraine (GoU), the European Commission (EC), and the United Nations (UN), presents an assessment of the direct damage, as of December 31, 2023, has reached almost US$152 billion, with housing, transport, commerce and industry, agriculture, and energy the most affected sectors. As of December 31, 2023, the total costs of recovery and reconstruction are estimated at almost US$486 billion over the next decade. In 2024 alone, the country will need around around $15 billion for immediate reconstruction and recovery priorities at both the national and community level, with a particular focus on supporting and mobilizing the private sector alongside restoration of housing, soft infrastructure and services, energy, and transport.

The Multi-agency Donor Coordination Platform for Ukraine coordinates the support for these immediate financing needs of Ukraine and future economic recovery and reconstruction needs across different sources and established instruments for financing. Its goal is also to direct resources in a coherent, transparent, and inclusive manner, enabling efficient planning and delivery of assistance to Ukraine and avoiding duplication.