{"id":"f-86c21c4f86-c8797556-1782-5800-b999-697abd3b86c7","title":"4 years of Ukraine war: World Bank says reconstruction to cost $588 billions over next decade","description":"The World Bank Group estimates Ukraine will need $588 billion over the next decade to rebuild homes, energy systems, and infrastructure destroyed during Russia’s invasion","timestamp":1771917869,"category":"international","headline":"4 years of Ukraine war: World Bank says reconstruction to cost $588 billions over next decade","modifiedHeadline":"$588 B & Rising: Cost Of devastation in Ukraine!","subCategories":["scid_edbc7f13"],"region":"IN","bundleMetaData":{"bundleId":"c80449a0-0ad6-472b-8d17-5747dd8f5c83","bundleTitle":"Around the globe","cardData":null},"iabCategoryId":"389","fcSummary":"rebuilding ukraine will cost an estimated $588 billion over the next decade, according to a joint assessment by world bank, european commission, un, and ukraine’s government. the figure reflects four years of destruction impacting homes, energy, and transport, with direct damage exceeding $195 billion. recovery hinges on funding, reforms, and attracting private investment to restore economic stability.","summary":"Ukraine's reconstruction costs soar to $588B over a decade due to Russia's invasion, impacting homes, energy, & infrastructure.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/firstpost/f-86c21c4f86-c8797556-1782-5800-b999-697abd3b86c7","sourceUrl":"https://www.firstpost.com/world/4-years-of-ukraine-war-world-bank-says-reconstruction-to-cost-588-billions-over-next-decade-13982927.html","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/y3Lhn1i_Acc0.webp","content":"

Four years into Russia’s full-scale invasion, the cost of rebuilding Ukraine has surged to an estimated $588 billion over the next decade, speaking volumes about the immense toll the war has taken on the country’s infrastructure, economy, and people.

\n
\n

The updated assessment was released jointly by the World Bank Group, the European Commission, the United Nations, and Ukraine’s government.

\n
\n

The figure is nearly three times Ukraine’s projected nominal GDP for 2025. The new estimate reflects nearly four years of destruction between February 2022 and December 2025.

\n\n
\n
\n

Damage continues to mount

\n
\n

Direct damage across Ukraine has now exceeded $195 billion, up sharply from earlier estimates. Homes, transport systems, and energy infrastructure have been among the hardest hit, with millions of people affected. Around 14 percent of all housing has been damaged or destroyed, impacting more than three million households.

\n
\n

Ukraine’s energy sector has faced especially severe blows, with attacks intensifying over the past year. Damage to power generation, transmission lines, and heating systems has increased significantly, worsening risks to electricity and heating supplies. Transport networks, including railways and ports, have also suffered major destruction, further complicating economic recovery.

\n
\n
\n

Massive rebuilding effort ahead

\n
\n

The largest reconstruction needs are concentrated in transport, energy, and housing, each requiring tens of billions of dollars in investment. Other key sectors include commerce, agriculture, and industrial infrastructure, all of which are vital for restoring economic stability and growth.

\n
\n

Despite the devastation, Ukraine has already begun rebuilding critical systems. More than $20 billion worth of urgent repairs and early recovery work has been completed since the invasion began. These efforts have focused on restoring housing, energy services, education facilities, and essential infrastructure.

\n
\n
\n

Recovery tied to reforms and global support

\n
\n

Officials and international partners say Ukraine’s recovery will depend not just on funding, but also on reforms and private investment. Strengthening the business environment, improving governance, and aligning with European standards will be crucial to attracting long-term support.

","readDurationInMinutes":"4","author":{"name":"Firstpost","logo":"https://glance-mob.glance-cdn.com/public/bubble/png/28d65284-7c7e-4e74-a1da-84b4daef1e4c.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"DUMMy","type":"GA"}],"pointerSummary":["Ukraine’s rebuilding cost is now $588 billion over 10 years, per World Bank & UN.","Damage to homes, transport, and energy exceeds $195 billion, impacting millions.","Recovery hinges on reforms & global support, with $20 billion already spent."],"tags":["UkraineWar","ReconstructionCosts","WorldBank","EuropeanCommission","UnitedNations","UkraineGovernment","EconomicRecovery","InfrastructureDamage","EnergySector","HousingCrisis","TransportNetworks","InternationalAid","PrivateInvestment","GovernanceReform","EuropeanStandards"],"redirectionEnabled":false,"consent":true}

4 years of Ukraine war: World Bank says reconstruction to cost $588 billions over next decade

SUMMARY