The European Commission has opened the first call for proposals under the €50 billion Ukraine Facility’s Pillar II. This initiative seeks to boost investments for Ukraine’s recovery, reconstruction, and modernization.
The call, endorsed at the Ukraine Investment Framework's Steering Board meeting in September 2024, targets three areas: public investment, direct private investment, and private equity. With a budget of €2.75 billion, proposals will be accepted until October 2025, with key review dates in October 2024 and early 2025.
Eligible partners include international financial institutions and local authorities, with a focus on projects aligned with Ukraine’s recovery plan and a Team Europe approach to maximize impact.
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