Finland–Ukraine Investment Facility
Finland–Ukraine Investment Facility supports Ukraine’s public sector, financing reconstruction investments that use Finnish technology and expertise to advance sustainable development.
Funder: Finland Ministry for Foreign Affairs
Due Dates: —
Funding Amounts: Project size: €10 million–approximately €20 million; concessional loan financing with a 35% grant equivalent
Summary: Supports Ukraine’s public sector reconstruction investments using Finnish products, services, technology and expertise.
Key Information: Ukraine bears primary project costs through borrowing; projects must be commercially non-viable and contain at least 33% Finnish content.
Description
The Finland–Ukraine Investment Facility (FUIF) is a Finnish development policy instrument administered by the Ministry for Foreign Affairs to support public sector reconstruction investments in Ukraine. Projects must advance Ukraine’s reconstruction priorities, Finland’s national reconstruction plan and the UN Sustainable Development Goals. The facility combines financial assistance from the Ministry with investment loans backed by Finnvera’s buyer credit guarantees.
Supported sectors include renewable energy, electricity grids, digital services, meteorology, education, health, circular economy, water supply and waste treatment. Other sectors eligible for development cooperation are also included. Investments must contribute to economically, socially and ecologically sustainable development, demonstrate clear development impacts and use Finnish expertise and technology. Ukrainian ownership, national priority, capacity building and long-term operational sustainability are central to the facility.
