Government allocating additional SEK 520 million in support to Ukraine
As part of the Government’s clear prioritisation of Ukraine, yet another extensive Swedish support package is being allocated to the country. The support focuses on humanitarian operations and Ukraine’s energy sector.
The support package is financed by an existing framework in the development assistance budget and amounts to SEK 520 million. It is divided between SEK 220 million allocated to humanitarian operations and SEK 300 million for a dedicated energy fund for Ukraine.
“Sweden’s support to Ukraine is resolute and will make a direct difference in both the short and long term. With the package we’re announcing today, daily life for people in extremely difficult situations will improve. We’re also helping Ukraine meet the considerable needs of its energy sector,” says Minister for International Development Cooperation and Foreign Trade Johan Forssell.
The humanitarian assistance will address the most critical needs, such as medicines, food and other essential items. It also includes cash support, enabling recipients themselves to decide what needs are most urgent to address. The support will be distributed among seven partner organisations: the International Committee of the Red Cross (SEK 60 million), the UN’s Country-based Pooled Fund (SEK 30 million), the Norwegian Refugee Council (SEK 25 million), Save the Children (SEK 30 million), the World Food Programme (SEK 35 million), UNHCR (SEK 20 million) and the International Rescue Committee (SEK 20 million).
The energy needs in Ukraine are immense, and Sweden’s support will make an immediate difference for investments and repairs to the country’s energy infrastructure. Sweden’s SEK 300 million in energy support will go to the Ukraine Energy Support Fund, established by European Commissioner for Energy Kadri Simson in April 2022. The Fund complements other efforts to support Ukraine’s energy sector, by providing capital to energy companies that are unable to obtain the financial resources needed to purchase their most necessary procurements.