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Joint Statement by the Development Finance Institutions of the G7 Countries and the European Bank for Reconstruction and Development on the Investment Platform for Ukraine

Posted on May 18, 2023 by News Admin

On May 12, the Japan International Cooperation Agency (JICA), together with development finance institutions from G7 countries and the European Bank for Reconstruction and Development (EBRD)*, released a joint statement on the Ukraine Investment Platform.

This Joint Statement is intended to address the enormous reconstruction financing needs necessary to provide additional humanitarian assistance to the people of Ukraine, support for Ukraine’s energy sector, and assistance to maintain Ukraine’s economic and financial stability, as confirmed in the G7 Leaders’ Statement of February 2023, primarily by The goal is to strengthen cooperation among development finance institutions with the aim of promoting private sector investment, primarily in the private sector.

JICA has been focusing its assistance to Ukraine and neighboring countries, providing financial support and humanitarian and rehabilitation assistance utilizing Japanese technology and expertise.

(Note: Signatories to the Joint Statement: European Bank for Reconstruction and Development (EBRD), United States Development Finance Corporation (USDFC), British International Investment (BII), German Investment and Development Corporation (DEG), Canadian Development Finance Agency (FinDev Canada), Italian Depositary Loan Corporation (CDP), French Economic Cooperation and Promotion Investment Corporation (PROPARCO), Japan Bank for International Cooperation (JBIC) and JICA. PROPARCO, Japan Bank for International Cooperation (JBIC) and JICA.

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