Deputy Prime Minister for the Restoration of Ukraine – Minister of Community and Territorial Development of Ukraine Oleksiy Kuleba appealed to the President of the Council of Europe Development Bank (CEB) Carlo Monticelli with an initiative to consider allocating €80 million for the first stage of compensation payments to internally displaced persons who have lost their homes in the temporarily occupied territories.
“We must create a fair and effective compensation mechanism for people who have lost their homes in the temporarily occupied territories. This is a special category of our citizens who currently do not have access to their property,” said Oleksiy Kuleba.
The assistance can be used to purchase housing, including through mortgage programs, if the applicant has no other housing in the territory controlled by the Ukrainian government. In the first stage, such assistance will be extended to combatants, persons with disabilities as a result of the war, and families of deceased (dead) Defenders of Ukraine.
“We are sincerely grateful to the Council of Europe Development Bank for its willingness to consider our initiative and work together to launch this new mechanism. This support is not just about finance. It is about solidarity, trust, and partnership in matters that determine people’s quality of life,” added the Deputy Prime Minister.
The possibility of allocating €60 million to the new “Housing for Veterans” program was also discussed. The project provides for the possibility of preferential mortgage lending for defenders, including IDPs, combatants, and persons with disabilities. The funding could provide housing for 1,300 people.
The statement was made during the Ukraine Recovery Conference (URC2025).
The Ukraine Recovery Conference (URC 2025), taking place on July 10–11, 2025, in Rome, is the next important step in a series of international events in support of Ukraine’s recovery, which began in Lugano (2022) and continued in London (2023) and Berlin (2024). These conferences have become a symbol of sustained international solidarity and practical assistance to Ukraine in the face of full-scale aggression by the Russian Federation.
The conference will be attended by over 4,000 representatives of governments, business, and civil society: heads of state and government of over 100 countries and international organizations, senior European Union officials, the US Special Representative for Ukraine, high-ranking representatives of the governments of Austria, Great Britain, Denmark, Libya, Malta, the Holy See, and other countries, ministers of foreign affairs, economy, finance, and energy from various countries around the world — from Europe to Latin America — representatives of international organizations, financial institutions, business associations, and civil society.
URC2025 should become not only a conference on reconstruction and recovery, but also a symbol of the irreversibility of Ukraine’s European path and the shared responsibility of all democratic partners for the security and prosperity of the European continent.