the, the, this is the w news, live cumberland allies of ukraine gathered to kick start the rebuilding of a country still in the grips of war. we'll go live to london this hour as a giant international fundraiser begins to meet the costs that the world bank said could be more than $400000000000.00

the i'm sarah kelly. welcome to the program. london is hosting an international conference to raise funds to rebuild ukraine, even though the war is ongoing. officials say that some need can't wait. schools, roads, bridges, rail lines, and stations all need rebuilding huge areas of farm, land and farm equipment have been destroyed. the world bank says that the estimated overall cost of rebuilding is at least $411000000000.00 over the next 10 years. now let's bring in some live pictures here. what you're looking at is the view of the conference coming in from london. as you can see, people are taking their seats and in just a few moments we are expected to hear from the british. prime minister wishes to knock your current in president lowden, where's the lensky and the european commission president are still

a funder line. we are going to be taking those speeches for you live here on dw news. and as we wait for them to take to the podium, let's bring in now d, w. 's bear, good mass who was standing by with us from london for more on this recovery conference. so tell us a little bit more about what is going to be discussed today. um, with regard to ukraine, very good. it's. it's a very big conference. we are told a 1000 delegates at least 61 countries and high profile, as you already mentioned, us about fund a line, the german foreign minister on the not bad book. so it's coming also the us secretary of state anthony, blinking they over here in order to galvanized a support for you cry and the focus they see a is on private companies. the u. k. government is setting the agenda and they are

launching, what they call you ukraine business compact. so they want to encourage companies, international companies to help do crime. and to set out the intentions to support ukraine. short term, the reconstruction is going on as the was the raging, but also long term. what's going to happen once the war has ended, and it's very important for these international companies that the investments are in some way protected. so they need to be in the way of cooks to, to pledge the support for ukraine. and one of these leave us will be an insurance, so they sold. so what's going to be discussed? what were expecting to be discussed at this conference? how are these investments insured and what is the role also of international institutions like the world bank and the european bank for reconstruction developments. all these agents that over here at the conference, so really high profile in order to signal the support of the west, full ukraine,

also a signal to russia that the west is standing by you crying. and in the words of the german foreign minister and the bab today, tomorrow and the day of the tomorrow. how to the participating countries. very good . want to went over private businesses to invest into rebuilding you crime this is where the, the, you cause initiative of this war risk insurance comes in. so this will be quite the, the technical discussions in, in what way international institutions. and also individual governments can actually guarantee these investments. so private companies obviously investing in and wrote on countries that is a very big risk. and how can this be basically buffet by international institutions and also by individual companies that's going to be a very high on the agenda. the focus really is on private business. the u. k.

government has said that, um, over 400 companies will pledge that support for ukraine here in london. there's the international technology companies like virgin banks like city and roll solid and, and all the companies. they're all, many sectors and ukraine that need the support. and they actually also lucrative for business days. there is the residential sector. there was the agrarian sector, but also the industrial sector. and all these kind of actually be attractive for companies to invest in. this is what economists have told the develop, but they will to basically need some sort of insurance. they won't just go in and take the risk all by themselves and how come into national institutions. and how can these companies that all he had the confidence, how can they support businesses, talk with us a little bit more about how exactly that is looking. very good. i mean, because it is so challenging. one must not forget that ukraine is indeed still

a more for your client is indeed so level. and this is what so difficult. so on one hand, there is the short term support while the war is still going on. this is something like helping with the infrastructure, helping with roads and bridges box. then there is the building back back to a strategy. this is what ukraine is hoping for. they are hoping for a reading recovery. this is what the, what the writing interest is. and this is where the hoping to to gather some momentum here at the conference. so not just build up the old infrastructure, but to build up a more sustainable infrastructure for the future. and this is where all these international companies, though, here in london, where they come in, tell us a little bit more about what we might be hearing from these uh, readers who are going to be speaking today. because i mean, you know,

ukraine has just begun this counter offensive. fair good. all eyes are, are really on it. you know, these western partners looking to see what it is ukraine can deliver. um, tell us a little bit more about about what the business community is also looking to see in these next days and weeks to come. well, here at the conference, one important thing that will be discussed is also about corruption. so the international donors and the companies that will want to make sure that the money goes air. good, i'm just going to 10, right? you here, what is prime minister wishes to not click click control for them. let's listen and over with him for several google, ukraine's economy was becoming a huge investment opportunity. that was the bread pulse could of europe, exposing millions of tons of food and grain each month as a top 5 exposure to refine it or, and steal a leader in energy pushing forward renewables, hydrogen and electric vehicles, and

a salt nation, which helps to small claims like pay, how much south and revolution with a driving tech sector, which actually had a record in 2022. because the truth is that opportunity is still the today. in fact, the wall has already proved how much ukraine has to offer when i visited, keep last of them, but i sold it to myself. i saw ukraine's incredible spirit, a spirit, yes, of strength and defiance, but also ingenuity and innovation. in a converted office block, i meant to ask about civilian and military people working together to find new ways to boast of the country's defences. they wouldn't networking mobile phones so that people across the ukraine could download an app which would allow the phone to pick

up the sound of the shot head, drones and feedback the location so that ukraine in defense could track them and shoot them down. during the winter, russia tried to destroy ukraine's energy, created by february over 40 percent of power generation was down. but now, because of that incredible ingenuity, in defiance, ukraine has got the grades back online and that even able to stop exporting electricity back to europe. as we've seen in put in mary paul, what russia cannot take, it will seek to destroy. they want to do the same to you, cranes, economy. and the scale of the challenge israel. the will broad a 29 percent full and ukraine, cd p lost here to just look at the streets of keith. despite the rest of the time people getting on with their lives and getting on with business. president,

zalinski is government is determined to joint reforms to become more open, more transparent and ready for investment. this is a vibrant dynamic, creative european country that refuses to be subdued. so together with our allies, we will maintain our support for you quite as defense. and so the counter offensive, we will stand with you crime and for as long as it takes for them to continue to win this fall. would also stand with them as they win the piece and hold us all of that ingenuity into fines to build the future that they just of the question for us today is what can we do to support this to false track recovery and help ukraine unleashed it's potential it's clay of russia must pay for the destruction that they've inflicted. so we're working with allies to explore lawful routes,

to use russian assets. and on monday, we publish new legislation to allow us to keep sanctions in place until russia pays up to the beyond that we must bring to bear a part in the shape of government international financial institutions and business leaders. all of us here today to make this happen, the british government will continue to play its full paul, i'm proud, but today we're announcing a multi year commitment to support ukraine's economy. over 3 years we will provide loan guarantees west $3000000000.00. we're also launching a new u. k. ukraine tech bridge defaults to investment and talent. along with simple for green energy and more all parts of foss, collective effort from allies and partners around the world. including significant new support from the e u, which is also being announced this way. financial institutions are playing. that's all the only methods putting $50000000.00 into ukraine over the next 4 years. as

part of a $115000000000.00 commitment or the g 7 and it's office and institutions like the etiology of providing seed capital to support private sector lead credit. because of bubble, we must build a platform for business, only vacant for the crowd in the innovation and investment that you quite need. so that's why we're launching the ukraine business combat for the private sector to pledge best support. so ukraine's recovery and reconstruction. and i am delighted to announce today that over $400.00 businesses from $38.00 countries with a combined market cap, a $4.00 trillion dollars have now signed from the city of london, has a huge amount to offer in the deep and liquid capital markets. and world cloth finance expertise. so there is no better place to announce today the new london

conference framework. so full risk insurance. this is a huge step forward towards helping ensure as to underwrite investments into ukraine. removing one of the biggest barriers and giving invest is the confidence they need to with this and everything that we do here, we all sending a message that our support on the battlefield and beyond cannot be lost it and that ukraine's incredible spirit will prevail. now in a moment i'll hand over to my friend president zalinski. first, i just want to share something that i heard recently. it's about a ukrainian soldier fighting to defend but moved. he was stationed in an empty house, not far from the front line, surrounded by the destruction of 4. when he could snatch a moment a free time, he used it to plant seeds. he was trying to create a pulse of vegetables,

hoping that by the time the homeowners were tons they would have begun to grow was a profound expression of hope. and you know, from that house to this whole, we're doing the same thing. we're planting the seeds of ukraine's future. today. we can go to them, and in time the ukranian people will harvest them. and now it is my great pleasure to introduce the presidency lensky, the man you have to fill. the problem is, thank you for your time or as miles you create the office hours, whole yours on things for your literacy bass or

a u. k. i sleep train. this is that we are really united states and if i can find a d r laser, as all of the smoothness and all of them are presidents, prime ministers, ministers, others sales on his own for national organization is i was your on is when we are told in your modeling cover your models, millions of souls, grims in every process or loss of use and all home for you praying for old or the car is mine and yours car. that was the as i am a, a practice. all right. and business over is port is cost for use are for the buyers range, so or roles, you can always based on the bash just a song and most of those are are cd by us. right?

so that rules that we are here, a model be preceded by a constant as bad as what has for you will full just installed the rigs by us. all i can share a tool is a bond with you. here's somebody, i'll be award all all into some different regions whole. so there is a way to see if he has all his rage and the orange appointment, or in a few weeks. oh, no one has no power to go. is that how human me or from enable that i saw something arises to sort of piece and this was a campus, but a human die. and right now we are able to protect fly. and our call there

really is a direct integration is such we as simple as far meaning for grass on the walls or alternate sauce as well. right. and exactly as pretty of you source we window come from. i know more about us all over the world. is wanting to see if we will restore normal concerns and we are that our confirmation with that. and i the call the fees on a rest to wait for the freight and the freedom. and that when bill ukraine will be able to frame the country region and i know he's moved to us and i want to thank you and i have some of the

land is happening from easily every country where we have amc oh or in colorado. and he's called for as my mom pro, wheezing to 3 minutes from the english to real products. now he's had a great end of the case. i didn't get a lot of diapers and i'm really fees that we impose together in mind to or i will all live in a fine. they range shows you can wish we had the young to great phone. the pieces are piece is yours in this house, you know, but that is all the huge mistake in the so before and draws a cash. so force is security. a tassel is certainly more of a tassel morris. so when we oxidize ending unity,

you can have already succeeded amazing use as you're not as never before basis to i just, i am tempted by another commodity section here. yeah, this is the brand has to be the all the darling for wage. maybe you all can see it is also meaning that more horse all need to be system all of her. oh wow. well, it was, you know, god is really nice majors more later. she can protect and this is only also when you pray in the last. yeah, the space on the you, we all right, hold on. let me talk to you on this page that josh, ukraine is older anymore. he has called mom easily full. never see

her really in front of me. they all space, all right now. and the last and are only waiting for the cars for the last leaders to recognize really are yes, you are going to call it a chance to see the same value as we are making strong my last trial at audiences. whether the size, either on the democrats will you're not in the usa, canada, japan, australia, the new members at peace, dmv saw you, are you pass on a whole process. oh gosh, we pills. we build our offices and we are guarding the items. we all work. people are use to check on it. we have as

many as you are all directly depend on our recall about us, but that's all we're going to use the time elise for when there are loads our tours and destroyed freedom even in atlanta. as we'll see, the whole soul, our brain is brain, is $1.00 and the price prizes and a social class in different parts. we have no price tor, the opponent by c $22.00, and ask for each of these pieces for acuity. so i think the normal space r o to some of that file, china to try to get to your, from state by us

a deeper and deeper sizes. but all is contribution to somebody that in the similar area it was turned down. i believe that there is no 72 degrees or maybe all day going in and rochester, as it has that range confirmation you've all the t. v shows also your age drive in our manners and facilitators. my name is tasia, the energy class as the area fall fall. so if you go in as an old habits wow entire, i just couldn't pass it on a single some thoughts as well as the re review to add your to your you out just a minute. do you mind telling me i want to be one of the case of bio cleaning, x rays and green?

i know to use your that is so easy to say. oh, in a box or time $1000000000.00. we've called several energy facilities. can you pray? and we are contacting you from dallas full or we have some the rules. there is no the is and all the errors in the cups try review as many, long as you pray every unity overestimated wretched brains. you. oh, it's so fast. so those and thought was a destroyer, calls me see in the sense of us or is the community and also the lot is crime on the side in the your about blowing up. yeah . and other structures all the power off with us. all

these mean you train, the 3 is the scores, all industrial and the rules in your report, the piece and the case. and by the way, it's all the stuff on the truck from regional batteries. you must have seen one of these. the designs, such as bringing mentors, she frame to lies face these measures, sources and industrial relations, you can call the, the whole set of previous montage. in addition, we have the 1st floor of the economy side as well. you know, by, by the building. when you bring the new frame with how our cars, our car has comedies through recessions. for a while,

we transfer me, she's yours. all these more do must raise more basic games in prison and want to manage what i'm sorry, and i to the stand the infrastructure is making as well production for your to the last a last last to i was systems may or may size based on the area that the on the coat all the problems on the phones to be solved are taylor in the front of me. are ceos that congress an entire country or even have a reason to is to south coast in average. cool problem, imprecise. and that is a deal so that it can be destroyed by uranium, succeeds to cyberspace. that remains or in the email they can do in the face bowl

costs for cyber attacks. we have to do a way of doing all his new pre me when he may experience a lot of these, we are going to get together and become bins. the more is the to say. and finally davis for tomorrow's or i need to be did you pay no interest, steve? uh, as long as its all, its all uh that i know the brand. there can be a new rush. i mean, uh, and it is. so that was, these are what are you, mary? afraid of our morris? and yes. why? because democracy base the way from the real general you know,

a team. first of all, our congress, every person matters is we're, even though i don't know who else is in the nature of the brain. yes. it's kind of any way, no matter what they are in rush, we all have to realize that we have the inside look in our entire region. you're more, we have to do more. all the warranty or something, or you are more kind of parents. you great, is there any colorado, some one who can and even ross has full scale integration has not all of our in order for us to main will be the feed is we never buy a free of what just as it is? no, this is a car step by step. step wise,

the most out of the things to these are amazing. we will show you more how. how is the kind of function effectively whenever a call to just be a piece of a citizen ordering card. oh, oh my services. okay. and we will be transferred online from a business registration or social assistant to any, any other calling service. and we already exporting our decision to reduce the car as we, as thought i saw originally just on. and i will talk to you with a couple of yeah, so yeah, absolutely. yeah, this is john mcgee. please be sure to allow our team, our own vision for more details about this. and this is really i like saw social

progress for me to call a few minutes before february 24th. we started a dispatch plan. they only got one 0, all the problem at all. so he in period was knowledge, us all of all of us and all of this, all the gars, it is about changing the drawers to economic relations. financial transparency based system are small nation community centers, termination, guarantee, all the details for every morning and t r o here is too easy. we may be all right before paper and writing works out what we need to know when building is uses and come to you for us and you can train and we're

having to go see resorting. it is a full list in our regional receive will no later than job. oh my building for a while. yeah. building $1.00 cost when bill of the world and it will be your the lifetime of our generation ross. will it be useful? will it be stable? will it be in a bad age and it never was, and i in the mind, all of you to you great. by the way processor ration we, we have it all in each other came for the why that. wow. so you for your that's awesome. thank you for your support or.