REUNIR

ADVANCING UKRAINE’S RECONSTRUCTION THROUGH G7 LEADERSHIP: LAUNCHING A G7 FUND FOR UKRAINE’S RECOVERY

Author: Dr. Tinatin Akhvlediani, CEPS

Abstract

The reconstruction of Ukraine is not just a national imperative but a defining challenge for global governance, stability, and the resilience of democratic institutions. The G7 has a unique opportunity to lead a coordinated, transparent, and effective recovery — one that not only secures Ukraine’s future but also reinforces the principles of international law, justice, and collective security. A well-structured approach to reconstruction can set a global precedent for post-conflict recovery, demonstrating how strategic investment, sustainability, and accountability can drive long-term resilience.

Key Points

• Establish a G7 Fund for Ukraine’s reconstruction to mobilize public and private resources, operating as a revolving system rather than a direct budgetary transfer.
• Scale up the G7 Fund by developing a legal and financial blueprint for the seizure of frozen assets from Russia’s Central Bank while upholding international law.
• Encourage private sector engagement in Ukraine’s reconstruction through tailored security, financial guarantees, and insurance mechanisms at the G7 level.
• Align reconstruction with Sustainable Development Goals, prioritizing green transition, digitalization, AI-driven innovation, human capital revitalization, and transparent governance.
• Make Ukraine’s recovery a global model, setting a precedent for crisis response and sustainable post-war reconstruction.

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The policy brief has been originally published by the official engagement group of the G7 – Think7 (T7) – which brings together leading think tanks and research centres worldwide.