On 25 and 26 June, the Foreign Secretary attended the Ukraine Recovery Conference 2026 in Gdańsk, Poland, where she was joined by the Deputy Prime Minister and the Chancellor of the Exchequer. The annual conference is the major international recovery and reconstruction event for Ukraine, and the most important non-military focused conference in the Ukraine calendar. It brings together Governments, international financial institutions, civil society and the private sector to mobilise support for Ukraine’s long-term recovery.
URC26 has come at a critical moment as Russia continues its illegal war with sustained attacks on Ukraine’s civilian and critical national infrastructure.
On Thursday, the Foreign Secretary set out a total package of half a billion pounds of support for Ukraine, made up of almost £290 million of bilateral assistance to bolster Ukraine’s recovery and energy security, and the signing of a £210 million UK Export Finance guarantee, previously announced by the Prime Minister at the G7, to help secure Ukraine’s nuclear energy supply.
The bilateral assistance of £290 million for this financial year will help meet Ukraine’s urgent energy and humanitarian needs as well as support longer-term economic and social recovery. This package was referenced in the Foreign Secretary’s written ministerial statement and oral statement on official development assistance programme allocations back in March.
Three projects were highlighted which form part of this package:
Up to £13 million to support British International Investment’s intention to commit to the EU flagship fund. The fund will provide long-term equity investments into key sectors including energy, infrastructure, and SMEs—all critical to rebuilding Ukraine’s economic foundations. The fund—backed by the European Union, and the Governments of France, Germany, Italy, and Poland, alongside their development finance institutions—represents a flagship platform for collective UK-European action.
Up to £12 million for a new governance programme. This will include up to £2.4 million for the EU anti-corruption initiative to help Ukraine’s anti-corruption agencies and key civil society actors prevent, spot, investigate and prosecute corruption. It will also include up to £1 million to deliver core judicial reforms so Ukraine’s justice system operates with integrity, meets EU accession requirements, and underpins wider objectives on anti-corruption, democratic governance, and post-war recovery.
Up to £763,000 to continue to support reforms to modernise Ukraine’s energy and climate sectors and to develop and promote decarbonisation policy, through support for the Green Transition Office and for the implementation of the recently adopted national energy and climate plan of Ukraine, key for the green transition, and unlocking EU markets.