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

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Phase I: Resilience During Russia's Invasion of Ukraine

Critical Sectors and Supplies

  • Preservation of businesses via access to risk and working capital
  • Trade finance for critical goods
  • Food security and agribusiness

IDPs and Affected Municipalities

  • Access to finance for refugees
  • Municipal infrastructure and housing

Vital Economic Infrastructure

  • Transport and logistics at the EU border
  • Emergency energy security
  • Critical telecom infrastructure

Investment Support: Focus on Short-Term Instruments and Very Selective Long-Term Financing

  • Predominantly guarantees, working capital across sectors, risk-sharing facilities with financial intermediaries
  • Capex support for business relocation and critical infrastructure repairs / expansion

Advisory and Upstream Support: Emergency Response and Preparation for Reconstruction

  • Agribusiness: Adjusting business models and finding alternative routes for exports, farmer recovery and financing programs
  • Infrastructure Finance: PPPs and project development facilities
  • Financial Sector: Access to finance for refugees, NPL resolution and upstream work on banking and corporate sector restructuring

Under the proposed platform IFC will predominantly focus financing on resilience - it will also grow its upstream and advisory program to support reconstruction, in close coordination with the World Bank.

Phase II: Reconstruction and Recovery

Critical Sectors Revival

  • Recapitalization of banks
  • Agribusiness
  • Tech/IT
  • Distressed asset resolution

Infrastructure Rebuild

  • Cities and housing
  • Transport and logistics
  • Energy transition and security
  • Digital infrastructure