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This is the best summary I could come up with:
The World Bank estimated in March that the cost of rebuilding the country one year on from the start of the war amounted to $411 billion — a huge figure that is set to increase as the conflict drags on.
Private investors see a “tremendous opportunity” to invest in Ukraine’s post-war future, according to Stefan Weiler, JPMorgan’s head of debt capital markets for central and eastern Europe, the Middle East and Africa.
It’s an opportunity to “socialize” the idea of the fund and its mission, which is to “attract as much private sector capital into the reconstruction of Ukraine as possible,” said Brandon Hall, co-head of BlackRock’s Financial Markets Advisory arm.
UK Prime Minister Rishi Sunak also unveiled a “war-risk insurance” framework, backed by Group of Seven countries, which will help limit potential losses faced by private investors in Ukraine.
“This is a huge step forward towards helping insurers to underwrite investments into Ukraine, removing one of the biggest barriers and giving investors the confidence they need to act,” Sunak said in a speech at the conference.
The facility would be financed with grants from the EU budget, loans raised on capital markets and proceeds from frozen Russian assets, European Commission President Ursula von der Leyen said Wednesday.
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