WASHINGTON, August 31, 2021—Today, World Bank Group President David Malpass met with President Volodymyr Zelenskyy of Ukraine.
President Malpass and President Zelenskyy discussed Ukraine’s urgent reform agenda, including reforms in the land, energy, financial and agriculture sectors. President Malpass recognized the ongoing progress on land reform and the energy sector. President Malpass also encouraged further reforms of state-owned enterprises (SOEs) and further progress on privatization. The World Bank Group is helping Ukraine manage the impact of COVID-19, including providing additional financing to purchase vaccines.
President Malpass highlighted that the World Bank Group stands ready to support Ukraine’s energy transition, including a coal transition where the World Bank Group can build on experience from other countries. President Malpass also mentioned that the World Bank Group will be working on a Country Climate and Development Report (CCDR) for Ukraine over the coming months, which is a new Bank diagnostic tool that will help Ukraine align climate action and development efforts. President Malpass and President Zelenskyy also discussed Ukraine’s updated Nationally Determined Contribution and preparation for COP26.
The World Bank Group is also working together toward peace and economic development in Eastern Ukraine.