IFC's Response to Russia's Invasion of Ukraine
As part of the broader World Bank Group’s response to Russia's invasion of Ukraine, in December 2022 IFC launched a $2 billion package to support the Ukrainian private sector.
While initially focusing on short-term support like guarantees and liquidity, IFC is now shifting towards longer-term financing, including capital investment in key areas such as food production, construction materials, energy, shipping, and digital infrastructure.
IFC’s Economic Resilience Action (ERA) program for Ukraine
Commitments as of June 2024
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$1.4 Billionin financing
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including $800 million commitments from IFC’s own account and $600 million mobilized from partners and donors.