Ukrainians displaced across Europe
Founded to address displacement in Europe in the aftermath of World War II, the CEB has consistently supported timely and effective responses to relieve suffering and restore dignity to refugees and migrants.
Russia’s aggression against Ukraine has inflicted catastrophic damage to the country’s economy and infrastructure and triggered a staggering humanitarian crisis with the number of people fleeting Ukraine surpassing those of the Syrian and Balkan wars.
Emergency assistance
The CEB was among the first multilateral development banks to disburse grants for immediate aid to people fleeing Ukraine, followed by loans to several Bank’s member countries. The CEB disbursed €7.5 million from its Migrant and Refugee Fund to provide aid to refugees through partner institutions, such as International Organization for Migration (IOM), or national authorities.
Since 2022, the CEB has approved more than €1.5 billion in support of member countries hosting large numbers of refugees from Ukraine.
The CEB's fast-track financing focused on emergency services and humanitarian operations. It targeted relevant ministries and municipalities providing frontline support, as well as financial assistance and/or cash transfers for education, health and social care. The loans also supported the construction and modernisation of accommodations for persons fleeing the conflict, financing both temporary and permanent housing to facilitate integration of refugees into host communities.
Success stories
Related publications
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Refugees fleeing the invasion of Ukraine: How host country integration policies support refugees
This paper aims to offer policymakers, practitioners and the general public a brief literature review of recent developments … Published: December 2022 Read