The funding strategy stretches until 2040 alongside an immediate 100-day operational plan to get the project off the ground. But the prosperity plan will struggle to attract outside investment if the conflict rumbles on, according to the world\u2019s largest money manager, BlackRock, which is advising on the reconstruction plan in a pro-bono capacity.<\/p>\n
\u201cThink about it. If you’re a pension fund, you’re fiduciary towards your clients, your pensioners. It’s nearly impossible to invest into a war zone,\u201d BlackRock\u2019s vice chairman, Philipp Hildebrand, said Wednesday in an interview at the World Economic Forum in Davos. \u201cI think it has to be sequenced and that’s going to take some time.\u201d<\/p>\n
The prosperity plan is part of a 20-point peace blueprint<\/a>\u00a0that the U.S. is attempting to broker between Kyiv and Moscow. It explicitly assumes that security guarantees are already in place and is not intended as a military roadmap. Instead, it focuses on how Ukraine can transition from emergency assistance to self-sustaining prosperity.<\/p>\n A three-way meeting between Ukraine, Russia and the U.S. will take place in Abu Dhabi on Friday and Saturday<\/a>, as the all-out conflict nears its fourth anniversary. The U.S. is set to play a prominent role in Ukraine\u2019s recovery. Rather than framing Washington primarily as a donor, the document positioned the U.S. as a strategic economic partner, investor and credibility anchor for Ukraine\u2019s recovery.\u00a0<\/p>\n