(AGENPARL) - Roma, 27 Luglio 2022 - (AGENPARL) – mer 27 luglio 2022 OFFICIAL USE
EBRD press release
USA contributes US$ 500 million to EBRD Ukraine response
Donor contribution to boost the EBRD Crisis Response Special Fund
FOR IMMEDIATE RELEASE
http://www.ebrd.com/
www.ebrd.com/news
https://twitter.com/ebrdhttps://www.facebook.com/ebrdhqhttps://www.linkedin.com/company/ebrdhttps://www.instagram.com/ebrd_official/https://www.youtube.com/user/ebrdtv
Date: 27/07/2022
EBRD Contact: Lucia Sconosciuto
Twitter: @EBRD @luciasconos
Tags: #SupportingUkraine, #EBRDdonors @USTreasury @WhiteHouse
– United States of America contributes US$ 500 million in donor funds to the EBRD’s response to the war on Ukraine
– Funds to accelerate the roll-out of the Bank’s Resilience and Livelihoods Framework for Ukraine and neighbouring countries
– EBRD channelling donor support through the Crisis Response Special Fund
[]The EBRD and the [United States of America](https://www.ebrd.com/who-we-are/structure-and-management/shareholders/usa.html) (USA) have joined forces to respond to the impact of the war on [Ukraine](https://www.ebrd.com/ukraine.html). With a contribution of US$ 500 million (€492.7 million) to the EBRD Crisis Response Special Fund, the United States of America is confirming its strong commitment to supporting Ukraine through the Bank’s [Resilience and Livelihoods Framework](https://www.ebrd.com/what-we-do/war-on-ukraine).
The funding comes in the form of grants to support investment. It marks a significant milestone in the Bank’s fundraising efforts, which have mobilised some €1 billion for Ukraine and affected countries so far.
The United States of America is a founding member of the EBRD, the Bank’s single largest shareholder and a very important contributor to its work. Prior to this new contribution, its donor funding had totalled more than €153 million.
EBRD President Odile Renaud-Basso said: “This is an extraordinarily generous contribution and we are humbled by the confidence that the United States, our single largest shareholder, has put in us. The contribution agreement we are signing today between the USA and the EBRD has come at exactly the right time. We will start deploying it in Ukraine and neighbouring countries as soon as we can.”