Ukraine: recovery cost of $588 million over the next 10 years

Ukraine: recovery cost of 8 million over the next 10 years
Ukraine: recovery cost of 8 million over the next 10 years

The finding appears in the joint Rapid Damage and Needs Assessment (RDNA5) published on Monday by the Government, the World Bank Group, the European Commission and the United Nations.

was released As the war enters its fifth year, direct damages now exceed $195 billion (up from $176 billion). in the previous evaluation published last February.

Rebuilding the nation

RDNA5 covers the period from February 2022 to December 2025 and complements ongoing reform and investment efforts as Ukraine continues its path towards accession to the European Union (EU).

The sectors with the greatest needs for reconstruction and recovery are transport (more than 96 billion dollars), energy (almost 91 billion dollars) and accommodation (almost 90 billion dollars). About $63 billion is needed to rebuild the trade and industry sector, and more than $55 billion is needed for agriculture.

The cost of Explosives risk management and debris removal amounts to nearly $28 billion.despite some progress in surveying and demining work that helped contain losses in the sector.

Attacks on energy and transportation

Housing, transportation and energy are the most affected. Furthermore, damage, losses and needs remain concentrated in frontline oblasts (administrative regions) and major metropolitan areas.

Russia has stepped up attacks on Ukraine’s energy sector amid record winter temperatures. The result has been an increase of approximately 21 percent in assets damaged or destroyed since the last assessment.

Transport sector needs have increased by around 24 per cent due to intensified attacks on railways and ports over the past year, while 14 per cent of homes have been damaged or destroyed, affecting more than three million homes.

“Despite the widespread damage that continues to pile up against the people, economy and infrastructure of Ukraine, the entire country continues to press with remarkable strength and determination”said Anna Bjerde, Managing Director of Operations at the World Bank.

Private sector investment

The partners noted that the private sector, which has faced unprecedented disruptions, will play a critical role in recovery and reconstruction.

However, unlocking the full potential of both domestic and international private investment will depend on sustained reforms to improve the business environment, strengthen competition, expand access to finance, address labor constraints and align production with EU green and digital standards.

“Russia’s war of aggression continues to have a devastating impact on Ukraine,” said EU Enlargement Commissioner Marta Kos.

He stressed that the regional bloc “will continue to play a key role in supporting Ukraine’s reconstruction and recovery”, including by mobilizing more private investment and promoting key reforms that will attract investment and bring the country closer to EU membership.

Put people at the center of recovery

The UN Humanitarian and Resident Coordinator in Ukraine, Matthias Schmale, highlighted that people are fundamental to the country’s recovery.

Ukraine’s most important asset is its people” he said. “The return of refugees, the reintegration of veterans and the participation of women in the workforce will shape the economic recovery as much as capital flows and the rebuilding of infrastructure. Recovery must be people-centred and community-based.”

RDNA5 notes that authorities are taking significant steps, with the support of development partners, to meet recovery and reconstruction priorities for 2026.

This includes investments in financing for destroyed homes, mine clearance and economic support programs, totaling more than $15 billion. Besides, At least $20 billion in needs since the war began have already been met through urgent repairs. and early recovery activities in essential sectors such as housing, energy, education and transportation.

“Amid unprecedented Russian attacks on energy infrastructure and homes across Ukraine this winter, our people show resilience, our entrepreneurs continue to work. Yet we managed to recover quickly and develop further,” said Prime Minister Yulia Svyrydenko, thanking the UN and its partners for their support.

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