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    € 340,000,000
    Ukraine : € 340,000,000
    Energy : € 34,000,000
    Transport : € 34,000,000
    Water, sewerage : € 34,000,000
    Urban development : € 238,000,000
    Signature date(s)
    9/12/2020 : € 34,000,000
    9/12/2020 : € 34,000,000
    9/12/2020 : € 34,000,000
    9/12/2020 : € 238,000,000
    Link to source

    Summary sheet

    Release date
    1 July 2020
    Signed | 09/12/2020
    Project name
    Promoter - financial intermediary
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 340 million
    EUR 340 million

    The project builds on the successful Ukraine Early Recovery project (EUR 200m; fully allocated), one of the first measures under the EIB Special Action Plan Ukraine providing EUR 3 billion loans in 3 years. This is the second framework loan supporting priority investments in the recovery areas affected by the conflict in the Eastern region of Ukraine. It will also finance basic infrastructure needs of internally displaced population. Hence the project will allow restoring basic services, rehabilitating key infrastructure and creating an enabling environment for population return and economic recovery.

    The aim of the Ukraine Recovery Programme focuses on creating, restoring and improving: - public buildings (including administrative buildings, schools, medical centers and hospitals and other social infrastructure); - governmental roads and bridges; - supply of utilities (water supply and sewerage) in the Donetsk and Luhansk oblasts under control of the Ukrainian Government as well as the four surrounding oblasts (Kharkiv, Dnipropetrovsk, Zaporizhzhia and Kherson) and city councils in other oblasts countrywide enabling them to cope with the impacts of a heavy influx of internal displaced people.

    Environmental aspects

    The large majority of the investments foreseen by the project are repairs and refurbishment of damaged infrastructure in sectors mentioned above. Roads (if included) are to be performed within existing rights of way or on new alignment over short sections. Some of these schemes might be subject to EIA under the National EIA Law, which transpose the requirements of the EIA Directive 2011/92/EC and ensures compliance with Ukraine's international obligations under the Association Agreement between Ukraine. Also, the relevant analysis of social risks and impacts of the projects will be duly carried out as part of the appraisal, in accordance with the EIB Social Standards.

    The promoter is a public entity. The EIB will require the promoter to ensure that implementation of the project will be done in line with the EIB's Guide to Procurement

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Link to source


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).


    Environmental and Social Data Sheet (ESDS) - UKRAINE RECOVERY PROGRAMME
    Publication Date
    1 Oct 2020
    Document language
    Main Topic
    Document Number
    Document Focus
    Environmental Information
    Project Number
    Publicly available
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