Since the full-scale invasion, the IFIs’ role shifted toward emergency response and resilience. They became even more important partners for Ukraine’s resilience and emergency recovery, providing financial resources, policy advice, and technical assistance.

This report synthesizes findings on the role of international financial institutions (IFIs) in Ukraine’s recovery – World Bank Group (WBG), EBRD, EIB, and KfW/DEG – prepared by the RRR4U consortium. The introductory chapter distills how IFI instruments operate in Ukraine, why investment flows are slower than needed, and what must change to accelerate priority financing, especially for resilient infrastructure and private sector growth. It is based on the four separate essays on IFIs, which are presented in full in this report. They map mandates, procedures, portfolios, and constraints; identify bottlenecks and blockers for financing allocation and disbursement. The report also makes note on policy recommendations for different stakeholders, including Ukraine’s government, the European Commission, and IFIs.