The Untapped Market for Impact Investing in Ukraine

credit: USACE on Flickr

It's been more than five years since Russia invaded and occupied Ukraine, but the country is still struggling to rebuild and attract foreign investment.

The Financial Times takes a look at the challenges the country has faced and the ways in which foreign aid has helped.

Here's a look at some of those challenges, as well as the ways in which foreign aid is helping them: Before the war, Ukraine struggled to attract foreign direct investment due to corruption and a lack of credible judicial system, reports the Financial Times.

Since the war ended, foreign direct investment has been hard to come by, and the country remained very small.

In 2016, for example, only 1,000 enterprises were operating in the country.

Since then, more than $190 million has been invested in Ukraine and Moldovan companies, but most 2021 transactions have been canceled, reports the Financial Times.

Russia's invasion and occupation of Ukraine cost the country's economy much of its pre-war growth, according to the Financial Times.

The country's war with Russia-backed separatists continued for more than a year after the invasion, and the separatists are still fighting Ukraine's government in the separatist-held city of Donetsk.

Ukraine has received more than $46 billion in aid from the international community since the war Read the Entire Article

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