The Minister for Foreign Affairs, Simon Coveney, T.D. has today announced additional funding of €30 million in support for the Governments of Ukraine and Moldova. The funding is aimed at helping to mitigate the impact of Russia’s war on Ukraine.
As part of this allocation, the Minister has announced:
- €20 million in funding to the World Bank Multi-Donor Trust Fund in support of Ukraine;
- €4 million in funding to the European Bank for Reconstruction and Development in support of Ukraine;
- €1 million in funding to the Council of Europe Development Bank in support of Ukraine, and;
- €5 million in funding to the World Bank Multi-Donor Trust Fund in support of Moldova.
The funding will be channelled quickly and efficiently through trusted partners, to assist the Governments of Ukraine and Moldova address immediate challenges arising out of the war in Ukraine, with an emphasis on support for the civilian population.
The funds will go towards the reconstruction of schools and health care facilities in Ukraine, support for public services, such as pensions, health service delivery and wages of emergency service staff and countering the impact of the energy crisis. The funding will also go towards helping Ukraine’s small and medium enterprises remain viable.
In Moldova, the funds will go towards mitigating the impact of the war in Ukraine on refugees and households, supporting the provision of essential public services, and efforts to increase resilience in the energy sector.
Speaking ahead of today’s announcement, Minister Coveney said:
“I am pleased today to be able to announce this additional funding for Ukraine and Moldova. Since the beginning of this illegal and unjustified invasion of Ukraine, Ireland has been at the forefront of international efforts to combat Russia’s aggression. We have repeatedly called on Russia to end its war of choice, to comply with its obligations under international law, and to withdraw all forces unconditionally from the sovereign territory of Ukraine.
“It is vital that we continue to support Ukraine, particularly in the context of ongoing Russian attacks on civilian infrastructure, and ahead of what will be a difficult winter. In addition to this financial support, Ireland will continue to work on ensuring accountability for Russia’s actions in Ukraine – including possible war crimes and crimes against humanity.
“I am proud of what we have done to stand alongside Ukraine so far. We will continue to do so for as long as it takes.”
The Minister added:
“Moldova’s response to Russia’s illegal and unprovoked invasion of Ukraine has impressed Ireland, and indeed all of Europe. The generous welcome the Moldovan people have given to refugees from Ukraine has been remarkable. The funding announced today will assist Moldova in meeting the huge challenges it faces, particularly as winter sets in.”
