Opinion

Innovative finance can help rebuild Ukraine

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Published: August 25th, 2022,
Last updated: May 28th, 2025

By Marcus Fedder
Marcus Fedder, a former director of the International Finance Facility for Immunization and a former treasurer of the European Bank for Reconstruction and Development.

Estimates of Ukraine’s postwar reconstruction costs vary widely. Ukrainian Prime Minister Denys Shmyhal recently put the likely bill at $750 billion, while European Investment Bank President Werner Hoyer thinks the country may need $1.1 trillion. Every day that the war continues, the figure increases.

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Finance Ukraine European policy Financial policy