9.1 billion euros ($12.4 billion) pledged to support IDPs and refugees

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Stand Up For Ukraine: 9.1 billion euros ($12.4 billion) pledged to support IDPs and refugees

Canada News Wire

OTTAWA, Ontario, April 9, 2022

OTTAWA (ON), April 9, 2022 /CNW/ – The “Stand up for Ukraine“The global giving event and campaign raised €9.1 billion ($12.4 billion) for people fleeing the Russian invasion, inside 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.

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 people Ukraine will now largely pass through the 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.

Estimate

“Today we raised more than $12.4 billion to continue to support the people of Ukraine who have been displaced by Putin’s continued 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.”
– The Rt. Hon. Justin Trudeau, Prime Minister of Canada

The solidarity of countries, businesses and people around the world offers some light in this dark hour. The “Stand up for Ukraine” campaign raised €9.1 billion for people fleeing bombs, indoors and outdoors Ukraine, with an additional 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 people of Ukraine rebuild their country. We will continue to defend Ukraine.”
Ursula von der LeyenPresident of the European Commission

Fast facts

  • The Stand Up For Ukraine online donation event concludes an extensive social media campaign launched by the European Commission and the government in Canada on Saturday, March 26, in partnership with Global Citizen.

  • The campaign responds to a call for support launched by the Ukrainian president Volodymyr Zelensky. 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.

  • Specifically:

  • In recognition of Poland essential role in supporting refugees fleeing the invasion of Ukrainethe Stand Up For Ukraine engagement event took place at Warsawwith the participation of President Duda.

Related links

This document is also available at https://pm.gc.ca

Prime Minister’s Office

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