The United States and the European Union hope to leverage $800 billion in public and private funds to help rebuild Ukraine after Russia ends its invasion, according to a document obtained by POLITICO.
The portal says the 18-page document outlines a 10-year plan to guarantee Ukraine's recovery, with an accelerated path to EU membership. The European Commission, according to three EU officials and diplomats who spoke on condition of anonymity due to the sensitivity of the subject, forwarded the plans to EU capitals ahead of a summit of leaders on Thursday evening, where the document, dated January 22, was discussed.
While Brussels and Washington provide hundreds of billions of dollars in long-term financing and present Ukraine as a future EU member and investment destination, the strategy hinges on a ceasefire that continues to elude - leaving the prosperity agenda vulnerable as long as the fighting continues.
According to Politika, the financing strategy extends until 2040, along with an emergency 100-day operational plan to get the project off the ground. However, the prosperity plan will struggle to attract external investment if the conflict continues, warns the world's largest asset manager, BlackRock.
The Prosperity Plan is part of a 20-point peace plan that the US is trying to broker between Kiev and Moscow. It explicitly assumes that security guarantees are already in place and is not intended as a military roadmap. Instead, it focuses on how Ukraine can move from emergency aid to self-sustaining prosperity.
A trilateral meeting between Ukraine, Russia and the US will be held in Abu Dhabi today and tomorrow, as the all-out conflict approaches its fourth anniversary. The document presents the US as a strategic economic partner, investor and pillar of credibility for Ukraine's recovery.
It also envisages direct involvement of US companies and expertise on the ground, and highlights America's role as a mobiliser of private capital. BlackRock CEO Larry Fink attended the peace talks with Kiev along with US President Donald Trump's son-in-law, Jared Kushner, and his special envoy, Steve Witkoff.
Over the next 10 years, the EU, the US and international financial institutions, including the International Monetary Fund and the World Bank, have pledged to invest $500 billion in public and private capital, the document said.
The Commission intends to channel an additional €100 billion to Kiev through budget support and investment guarantees as part of the EU's next seven-year budget from 2028. This funding is expected to unlock €207 billion in investment for Ukraine. The US has promised to mobilize capital through a special US-Ukraine Reconstruction Investment Fund, but, as Politiko points out, it did not specify the amount.
While Trump has cut military and humanitarian aid to Ukraine during the war, the document shows a willingness to invest in the country after the conflict ends. Washington says it will invest in key projects in Ukraine's critical minerals, infrastructure, energy and technology.
However, the chances of business flourishing before the Eastern Front falls silent are slim.
"It's very hard to imagine this happening on a large scale as long as drones and missiles are flying," said BlackRock Vice President Philip Hildebrand.
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