GOOD GOVERNANCE FUND MANAGED FUND
Modelling energy supply and demand, managing public finances and quantifying the cost of war damages to support effective recovery planning—as part of mobilizing broader government reforms, including:
Developing capacity within the Government to reduce corruption
Promoting transparent and accountable institutions
Building an open, inclusive economy and society
What We Do
- Business Revitalisation in Ukraine
- Evidence-based Public Financial Management
- War Damage & Recovery Cost Assessment
Issue: Ukrainian Small and Medium Enterprises (SMEs) form the backbone of the country’s economy, but face significant challenges in accessing support and exploring new markets.
British Support: The British government helped expand a pilot program aimed at enhancing support for Ukrainian SMEs. This includes designing additional support policies and fostering cooperation with Diia.Business, a digital platform for businesses in Ukraine.
Success: The first foreign Diia.Business Consulting Centre was established in Warsaw, providing a platform for Ukrainian SMEs to explore new markets. This initiative fostered measurable SME growth through collaboration and export promotion, contributing to revitalisation of the business sector in Ukraine.
Issue: Ukraine’s financial stability and growth depend on effective project impact assessment and the development of in-depth macroeconomic scenarios.
British Support: The British government provided support in monitoring and evaluating the project’s impact, as well as developing macroeconomic scenarios to consider new challenges and opportunities using the latest data and trends to inform decision-making.
Success: The initiative led to the development of analytical products on pressing issues, such as state fiscal policy and budgeting. It also modelled resource allocation, tax revenues, and public spending, thereby informing energy policymaking with a focus on vulnerable populations.
Issue: The ongoing conflict continues to inflict significant damage to Ukraine’s infrastructure, creating a need for enhanced capacity to assess damages, prioritise projects, and implement sustainable recovery strategies.
British Support: The British government increased reach to civil servants, regional administrations, and local self-government – enhancing their capacity to assess damages and implement recovery strategies.
Success: The initiative built cross-government capacity and developed data collection methods. It also integrated modern Geographic Information Systems (GIS) to provide detailed, accessible, and actionable data for decision-makers.
Issue: Ukraine’s energy infrastructure needs modernisation to meet the country’s evolving needs and align with the changing energy landscape.
British Support: The British government supported monitoring and evaluating the implementation of the National Recovery Plan of Ukraine, as well as expansion of the project scope by identifying new, innovative energy solutions.
Success: The initiative developed a new national energy strategy, as well as modelling to inform energy policymaking with a focus on vulnerable populations. This led to the initiation of the pre-feasibility study for a modern biomass Combined Heat and Power (CHP) plant in Novoyavorivsk.
Issue: There is a need for new initiatives that address identified gaps in the current approach to recovery. Capacity-building programs also need expansion to reach more communities and stakeholders.
British Support: The British government supported the development of new initiatives and expansion of capacity-building programs. This includes training and knowledge sharing to ensure continued development and adaptation of the recovery strategy.
Success: The initiative equipped Ukrainian civil servants to produce evidence-based recovery plans. It also prepared local recovery plans, effectively implementing infrastructure restoration, community resettlement, and economic recovery in communities like Chornobaivka and Trostanetska.
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