Group of Seven (G7)Money, minerals and reconstruction
About $50bn for Ukraine by end of 2024
“With a view to supporting Ukraine’s current and future needs in the face of a prolonged defense against Russia, the G7 will launch Extraordinary Revenue Acceleration (ERA) Loans for Ukraine, in order to make available approximately USD 50 billion in additional funding to Ukraine by the end of the year.”
- Promised
- In plan
- Legislated
- Funded
- Delivering
- Delivered
Where it stands
Only the United States moved its share in 2024, on 10 December, into a World Bank fund; the EU paid its first €3bn on 10 January 2025, and the UK and Canada their first instalments in March 2025. By 13 November 2025 the Commission counted €30.9bn of the loans paid out. Each lender’s share has its own card, and only those cards count in the totals and the charts.
What has happened
- Promised. G7 leaders agree in Apulia to make about $50bn available to Ukraine by the end of the year
- Delivering. The United States moves its $20bn share into the World Bank’s fund for Ukraine evidence
About the cost
About $50bn as worded (about €46.8bn at the ECB rate of 1.0686 dollars to the euro on 14 June 2024). No range is given here: each lender’s share is on its own card, so the money is not counted twice.
More detail
Sources (4)
Checks
- Version 1, 20 October 2026: Quote checked word for word at its source on 21 October 2026
- Approved by Pavel Guzhikov, editor, on 21 October 2026: Approved for the first publication on the AI Journalist's check.
- Checked by AI Journalist (automated) on 21 October 2026: Quote checked word for word at its source; dates, events, evidence links, figures and wording checked against the cited sources, with fixes made before publication.
Related promises
- EU€90bn EU loan to Ukraine for 2026–2027“The European Council agrees to provide a loan to Ukraine of EUR 90 billion for the years 2026-2027 based on EU borrowing on the capital markets backed by the EU budget headroom.”
- Japan¥471.9bn Japanese loan in the G7 plan“Japan contributes to supporting Ukraine through providing Ukraine with a yen loan of 471.9 billion yen through a World Bank Financial Intermediary Fund, under the Extraordinary Revenue Acceleration (ERA) Loan initiative for Ukraine, which was agreed by the G7 Leaders last year and is to be repaid by future flows of extraordinary revenues stemming from immobilized Russian sovereign assets.”
- RepublicansSign a minerals agreement with Ukraine on Friday“President Zelenskyy is going to be coming on Friday. That's now confirmed. And we're going to be signing an agreement, which will be a very big agreement.”