The Stand Up for Ukraine event and global fundraising campaign raised €9.1 billion for people fleeing the Russian invasion, in Ukraine and abroad, including €1 billion euros from the European Commission. In addition to this, the European Bank for Reconstruction and Development announced an additional €1 billion loan to cover the needs of those displaced by the invasion.
European Commission President Ursula von der Leyen said: “The solidarity of countries, businesses and people around the world offers some light in this dark hour. The Stand Up for Ukraine campaign has raised €9.1 billion for people fleeing the bombs inside and outside Ukraine, with an additional €1 billion pledged by the EBRD. And others will come. We will continue to provide our support. And once the bombs stop falling, we will help the Ukrainian people rebuild their country. We will continue to defend Ukraine.
Prime Minister of Canada Justin Trudeau said, “Today we raised over C$12.4 billion to continue supporting the people of Ukraine who have been displaced by Putin’s ongoing and unjustifiable war. Whether it is food, water, shelter or medical aid, we will continue to support you and provide you with the assistance you need at this time. We defend Ukraine.
Of these €10.1 billion in EBRD commitments and financing, €1.8 billion is for internally displaced people and €8.3 billion for refugees in the States EU members and frontline countries, such as Moldova.
The €9.1 billion commitment breaks down as follows:
- €4.1 billion are financial contributions and in-kind donations for displaced people and refugees pledged by governments, companies and individuals around the world.
- €5 billion are loans and grants from European public financial institutions (the European Investment Bank and the Council of Europe Development Bank).
- Government pledges for internally displaced persons in Ukraine will now be channeled largely through Ukrainian authorities, at central and local levels. Donations from the private sector and individuals for internally displaced persons will be channeled primarily through United Nations agencies.
The Stand Up For Ukraine online donation event concludes an extensive social media campaign launched by the European Commission and the Government of Canada on Saturday, March 26, in partnership with Global Citizen.
The campaign responds to a call for support made by Ukrainian President Volodymyr Zelenskyy. The aim of the campaign is to raise funds and other types of support to meet the needs of people fleeing the invasion inside and outside Ukraine.
For the over 4 million people who have already sought refuge in the EU and for others who are likely to come: the funding will be used to meet their short and medium-term needs in EU Member States , from food, housing and medical attention to education and employment.
For the 6.5 million people, including 2.5 million children, who had to flee their homes but remained in Ukraine and are now internally displaced: funding and donations will provide them with vital humanitarian aid.
In recognition of Poland’s vital role in supporting refugees fleeing the invasion of Ukraine, the Stand Up For Ukraine engagement event took place in Warsaw, with the participation of President Duda.