environmentalIATI

IFC Economic Resilience Action (ERA) Programme for Ukraine

by Norad - Norwegian Agency for Development CooperationUkraine

Imported from IATI · publisher data as of Jan 10, 2025

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Budget

NOK 250,000,000

Timeline

Dec 19, 2024 – Dec 31, 2034

About this project

The Economic Resilience Action (ERA) will provide a framework for IFC to address the private sector financing needs during Russia's invasion of Ukraine and prepare for the reconstruction phase. IFC blends own funds with contribution from donors such as Norway as levers to reduce investment risk, thereby enabling more investments to critically important sectors of Ukaine's economy. NOK 50 million are earmarked to renewable energy projects in the Ukraine.

Goals

Sustainable Development Goals this project works towards

Published details

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Published by
Norad - Norwegian Agency for Development Cooperation · Government
Countries
Ukraine
Sectors
Multisector aid
Focus
Climate mitigation · Also contributes
Funded by
Norwegian Government
Implemented by
IFC - International Finance Corporation
Passes funds through
Norad - Norwegian Agency for Development Cooperation

Published by Norad - Norwegian Agency for Development Cooperation to the International Aid Transparency Initiative (IATI), last updated 10 Jan 2025 and imported automatically. IATI identifier: NO-BRC-971277882-UKR-24/0025.

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