Canada is going to the ReBuild Ukraine Conference and Trade Show in Warsaw, Poland
Canadian businesses support rebuilding Ukraine
Canada’s private sector is participating in the 4th Rebuild Ukraine international exhibition and conference in Warsaw Poland from November 13 - 14, 2024.
Ukraine’s energy system made it through two consecutive winters since Russia’s invasion, but this upcoming winter will be a severe test. Russia’s most recent bombardments have been unprecedented in scale. The International Energy Agency has outlined the current situation and identified 10 key actions the energy sector should take given the challenges expected this upcoming winter.
According to World Bank estimates from February 2024, the cost of reconstruction and recovery in Ukraine is expected to be more than US $486 billion over the next decade, making this one of the largest reconstruction efforts in the world.
Canada can provide expertise to meaningfully contribute to Ukraine’s recovery. We are a global leader in multiple areas of energy production such as hydro, solar, wind, oil and natural gas and nuclear, to designing energy systems that integrate energy storage, energy efficiency, smart technologies and decentralized systems. Supported by a robust innovation ecosystem, groundbreaking Canadian technologies and solutions have helped address energy challenges globally. Canadian companies can help across a wide range of areas including environmental consulting, the adoption of renewable energy and distributed energy resources and large-scale energy generation projects.
The ReBuild Ukraine Conference and Trade Show is targeting a variety of stakeholders, including:
- Energy
- Energy storage and batteries
- Infrastructure development and construction
- Housing and architecture
- Water and wastewater
- Cybersecurity
Canada’s support for Ukraine’s energy and reconstruction needs
- At the June, 2024 Summit for Peace in Ukraine, Prime Minister Trudeau announced a $52.4M package of measures in support of Ukraine including:
- $20 million to support Ukraine’s urgent efforts to replace damaged energy equipment and infrastructure.
- $2 million to promote safe, secure nuclear operations in Ukraine through the International Atomic Energy Agency.
- Up to $400,000 over one year to provide technical assistance and expertise to support Ukrainian ministries or agencies, with a focus on energy infrastructure and international human rights.
- The Canadian Nuclear Safety Commission signed a memorandum of understanding with the State Nuclear Regulatory Inspectorate of Ukraine to formalize their cooperation and exchange of information in nuclear safety and regulatory matters.
- $4.3 million to strengthen nuclear security measures at the Chernobyl Exclusion Zone and replace equipment destroyed or stolen during Russia’s short-lived occupation of the site in 2022.
- A $50 (€36.5) million loan guarantee to enable a €300 million loan from the European Bank for Reconstruction and Development to Naftogaz, Ukraine’s state-owned gas company. These funds will help keep the heat and lights on in Ukraine during winter.
- $115 million to Ukraine from tariff revenues on Russian and Belarusian imports to repair Kyiv’s power grid.
- $10 million for the purchase and delivery of power generators to Ukraine. This money was allocated to the UN Migration Agency Mission in Ukraine to procure and distribute generators to critical facilities in Ukraine.
- $500 million issued in Ukraine Sovereignty Bonds by the Government of Canada. The funds help the Government of Ukraine provide essential services to Ukrainians during the winter, such as purchasing fuel and restoring energy infrastructure.
- The Canada-Ukraine Science Partnership, an initiative by Natural Resources Canada to support Ukraine-based scientists by connecting them to professional employment in NRCan. The program has already welcomed 20 employees.
- Prime Minister Trudeau and President Zelenskyy signed the modernized Canada-Ukraine Free Trade Agreement, which supports long-term security, stability and economic development in Ukraine, while also ensuring high-quality market access terms for Canadian businesses participating in Ukraine’s economic recovery.
Canada Pavilion partners
Participating organizations
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