How war in Ukraine gave birth to a new kind of reconstruction finance
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EBRD, EU provide €50 million emergency loan to bolster Kyiv's energy resilience
The European Bank for Reconstruction and Development (EBRD) has approved a €50 million emergency loan to help Kyiv maintain heating, electricity and other essential municipal services amid continued Russian attacks on the city's energy infrastructure. The financing, backed by a 25% first-loss guarantee from the European Union
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Notes From the Field
Much of the information a journalist gathers over a week doesn't quite fit into a news story - the angle isn't quite right, the topic was unexpected, or there simply isn't enough time. Our Notes From the Field column is an occasional feature meant to
Digital transparency could rival political risk insurance in attracting investment to Ukraine's ports, study argues
Ukraine's next competitive advantage in attracting private infrastructure investment may not be another financial guarantee, but greater digital transparency. A recent study argues political risk insurance and first-loss guarantees should be paired with technologies that give investors a window into projects long after the financing is approved—
