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Global fundraiser raises over €9 billion for Ukrainian refugees – POLITICO

The worldwide fundraiser “Stand Up for Ukraine” took place on Saturday in Warsaw, received 9.1 billion euros for Ukrainian refugees.

The European Commission and Canada launched the campaign on March 25 in response to a call from Ukrainian President Volodymyr Zelenskyy. The aim was to mobilize governments, celebrities and individuals to support refugee aid in Ukraine and neighboring countries. The advocacy group Global Citizen is a partner in the campaign.

According to the The latest figures from the UN refugee agencySince the war began on February 24, more than 4.4 million people have fled Ukraine.

Of the 9.1 billion euros raised, 7.3 billion euros are earmarked for taking in refugees in EU member states or in the countries neighboring Ukraine. The rest of the funds will be used for humanitarian aid to people who remain in Ukraine but are internally displaced.

The campaign included a social media rally on Friday followed by the event on Saturday in Poland, which has taken in over 2.5 million Ukrainian refugees. Commission President Ursula von der Leyen, who visited Kyiv on Friday, attended the event hosted by Polish Prime Minister Andrzej Duda – while Canadian Prime Minister Justin Trudeau joined them from afar.

The EU pledged €1 billion – with an additional €1 billion in loans from the European Bank for Reconstruction and Development (EBRD). Just over €4 billion of the total is donations from around the world, while €5 billion are loans and grants from public financial institutions such as the European Investment Bank (EIB).

“We will continue to provide support. And as soon as the bombs stop falling, we will help the people of Ukraine to rebuild their country,” von der Leyen said.

https://www.politico.eu/article/global-fundraiser-stand-up-for-ukraine-refugees-war-russia/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication Global fundraiser raises over €9 billion for Ukrainian refugees – POLITICO

Fry Electronics Team

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