'If the war deepens and protracts further, up to 90% of the population of Ukraine could be facing poverty and vulnerability to poverty,' warns UNDP.
UNDP warns that"every day of delayed peace will accelerate a freefall into poverty" throughout the besieged country and calls for millions of dollars per month in international development aid.While peace talks and humanitarian aid for civilians remain top global priorities amid Russia's ongoing assault of Ukraine, a United Nationsreleased Wednesday estimates that over $100 billion in damage has already been done to the country's battered infrastructure.
"Government of Ukraine estimates suggest that at least $100 billion worth of infrastructure, buildings, roads, bridges, hospitals, schools, and other physical assets have been destroyed," the assessment continues."The war has caused 50% of Ukrainian businesses to shut down completely, while the other half is forced to operate well below its capacity."
"To mitigate such dramatic development setbacks, targeted and scaled response and recovery support to the government of Ukraine, wherever feasible, will be critical," says the report."This is possible now and needs to happen in parallel with the ongoing humanitarian response." While noting that conditions are dire for those who remain in Ukraine, the UNDP administrator, Achim Steiner, also underscored the major opportunity for global aid to help ensure a better future for Ukrainians.
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