• Military

• WMD Menu                           

• Introduction
• Systems
• Facilities
• Agencies
• Operations
• Countries
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• Intelligence
• Homeland Security
• Space

London conference unites international community on Ukraine's future and global security

The Ukraine Recovery Conference, co-hosted by the UK and Ukraine, was held in London this week.

22 June 2023

• international commitments to helping Ukraine recover following Russian invasion top $60 billion at the close of the London-hosted Ukraine Recovery Conference - one of the biggest reconstruction conference outcomes since the Second World War
• new UK announcements bring total UK non-military assistance to Ukraine to more than £4.7 billion
• funding and commitments will provide vital support for Ukraine's immediate recovery needs, enable private sector investment and use technology to drive innovative recovery, as well as benefitting global security, prosperity and the international rule of law

The Ukraine Recovery Conference (URC), held in London this week, has galvanised international backing for the country in the face of Putin's ongoing attacks and raised over $60 billion towards Ukraine's recovery and reconstruction. This includes the UK's new updated commitments of a further $3 billion of guarantees to unlock World Bank lending to Ukraine and £240 million of bilateral assistance.

The World Bank estimates Ukraine's total recovery and reconstruction needs stand at $411 billion, with $14 billion required for priority reconstruction and recovery investments in 2023.

The URC, co-hosted by the UK and Ukraine, brought together a coalition of thousands of representatives from businesses, civil society and governments from 59 countries to commit support to Ukraine's recovery as a modern, sustainable and resilient economy.

Foreign Secretary James Cleverly, who co-chaired the event, said:

The Ukraine Recovery Conference has sent a clear message that we not only stand with Ukraine through Putin's attacks, but we will stand with Ukraine in peace. As Ukraine recovers and rebuilds, we support its ambitions to emerge with a stronger, more resilient, sustainable and innovative economy.

Commitments made at this event will go a long way to meeting Ukraine's most urgent early recovery needs, but as Putin's illegal war continues, the bill is only increasing. We, as an international community and a coalition of business, governments and civil society, must continue to focus our efforts to support Ukraine not just to defend its freedom, but in its recovery and reconstruction too.

Prime Minister of Ukraine Denys Shmyhal said:

We express our gratitude to the Government of the United Kingdom for organising the Ukraine Recovery Conference in London. We have felt an incredible level of support and readiness from Ukraine's allies to assist us in commencing the rebuilding process this year.

The rapid recovery programme has 5 priorities, which are vital projects for the survival of our country and our citizens. At the conference, we also extensively discussed the involvement of private capital and investments, which will be at the core of our reconstruction endeavours. We sincerely thank all our partners for their support. We stand united in defence and united in recovery of Ukraine.