Innovative Finance Can Help Rebuild Ukraine
Ukraine will not be able to finance its huge postwar reconstruction needs on its own and should not count on reparations from Russia. But two innovative and recently proven mechanisms can help to bridge at least some of the funding gap.
ZURICH – 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.