The European Investment Bank is considering the possibility of additional funding for Ukraine’s recovery projects in 2026 by another 230 million euros. This was stated by the Deputy Prime Minister for Recovery — Minister of Community and Territorial Development Oleksii Kuleba.
This is reported by Finway
“The total portfolio of joint initiatives with the bank already amounts to about 2.6 billion euros and covers key areas – transport infrastructure, energy, water and heat supply, as well as the development of housing stock and communities.”
Recovery Priorities and Increased Funding
In 2025, the implementation of part of the programs amounting to 130 million euros aimed at addressing urgent infrastructure challenges has already begun. The government plans to significantly expand these initiatives in 2026 by attracting additional funds from the EIB. Among the main areas of funding are:
- reconstruction of communities affected by Russian aggression,
- development of social housing,
- support for regional resilience programs,
- modernization of road infrastructure to enhance logistical security.
Water Infrastructure and Lending Conditions
Particular attention is being paid to the modernization of water supply systems, as this remains a critical issue for many Ukrainian communities. A program with a budget of 100 million euros is already in place, and discussions are currently ongoing regarding its further expansion.
Ukraine is also negotiating with the EIB to maintain preferential lending conditions, increase the share of grant funding, and expand support through the Ukraine Investment Framework. Attracting additional resources is expected to accelerate recovery and ensure sustainable development in key sectors of the state.
It is worth noting that last week the EU Council finally approved a loan program for Ukraine amounting to 90 billion euros for 2026–2027. The first disbursements are expected as early as May–June of this year.