Germany has put another €1.5 million into the Council of Europe Development Bank’s (CEB) Ukraine Solidarity Fund, which supports displaced people and reconstruction efforts in Ukraine, the CEB said. Established in 2023 in response to Russia’s brutal aggression against Ukraine, the fund now has a total of €3.5 million from Germany. Germany is the largest contributor to the fund and the biggest donor of grant funds to the CEB overall, with over €23 million provided to date.
Since the fund’s creation, which Ireland championed in July 2022, the CEB has raised a total of €6.6 million from donors including Germany, the Czech Republic, Lithuania, and Poland, and added €10 million from the bank’s own funds. With this support, the CEB is able to provide greater help to vulnerable populations in Ukraine. To date, the bank has approved €4.0 million in grants from the fund for seven projects focused on improving housing and healthcare, in line with the bank’s core mission.
In October 2025, for example, the bank approved a €500,000 grant to provide safe and dignified housing for vulnerable populations affected by the war. The grant will help rehabilitate transit sites and collective centers to make them accessible for internally displaced persons with limited mobility. It will also support distribution of shelter kits for emergency housing repairs to low-income households whose homes have been damaged.
CEB Governor Carlo Monticelli said that through this second important contribution, the German authorities have once again shown their longstanding support for the CEB’s social mandate and their trust in the bank’s ability to deliver on the ground.
“These resources will serve to improve the living conditions of Ukraine’s vulnerable households and support the reconstruction of the country and its future,” Monticelli said. Heike Thiele, Germany’s Ambassador to the Council of Europe and Representative to the CEB Governing Board, added: “Germany is proud of its partnership with the CEB and its unwavering support of Ukraine through invaluable social projects. Working with the Bank ensures that German funds reach fast those who are most in need.”
