EBRD and DFIs establish Ukraine Co-investment Platform
- This agreement, signed today during the Ukraine Recovery Conference in London, delivers on an initial commitment by the EBRD and the G7’s DFIs to establish the Ukraine Investment Platform, announced during the G7 meeting in Tokyo last month, with new participants now joining to bring the total number of participants to 19.
The financial needs of Ukraine during a period of reconstruction are vast and beyond the scope of any single institution. The private sector will play a crucial role in restoring the Ukrainian economy. As a result, careful coordination is needed between Ukraine’s partners to maximize the effectiveness and impact of their interventions.
The EBRD-G7 DFI-EDFI Ukraine Investment Platform will aim to promote co-financing among participating institutions through strengthening cooperation and information exchange for the reconstruction assistance of Ukraine with a mainly private sector focus.
The 19 signatories to the Memorandum of Understanding are:
- EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
- BRITISH INTERNATIONAL INVESTMENT PLC
- CASSA DEPOSITI E PRESTITI S.P.A.
- DEG - DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH
- DEVELOPMENT FINANCE INSTITUTE CANADA (DFIC) INC.
- COMPAÑÍA ESPAÑOLA DE FINANCIACIÓN DEL DESARROLLO, COFIDES, S.A., S.M.E.
- NORFUND
- OESTERREICHISCHE ENTWICKLUNGSBANK AG
- SOCIEDADE PARA O FINANCIAMENTO DO DESENVOLVIMENTO, INSTITUICAO FINANCEIRA DE CREDITO, SA
- SWISS INVESTMENT FUND FOR EMERGING MARKETS AG
- SWEDFUND INTERNATIONAL AB