World for Ukraine summit organised by REDRESS in cooperation with Global Survivors Fund took place in Rzeszow

During the closed workshop on reparations, Tetyana Khutor presented the IWI's research on alternative instruments of financing compensation for the damage caused to Ukraine and Ukrainians.

The event was focused on finding ways to immediately compensate Ukraine for the damage caused by reparations. Special attention was paid to individual compensation for war victims.

Key takeaways from the summit:

1️⃣ The approach to reparations should be human-centred. Support for Ukraine's reconstruction should not replace individual reparations for victims. This requires enhanced cooperation between national and international actors.

2️⃣ While numerous mechanisms for confiscating state assets of the Russian Federation and its collaborators are being discussed in the UK, EU, US, Canada and Ukraine, there is no consensus on the legal basis for confiscation.

3️⃣ While these legal issues are being resolved, alternative ways of financing reparations should be sought, such as

- confiscation of assets as a penalty for violation of sanctions;

- taxation of excess profits;

- voluntary contributions from sanctioned persons or third countries.

It is important to emphasise that compensation to the victims of Russian aggression should be provided now, without waiting for the end of the war.

Докладніше

Efficient reparations now

Останнє оновлення: 10 Dec. 2024

The Institute of Legislative Ideas develops and promotes tools for effective compensation for the damage caused by Russia's war against Ukraine. The project covers accounting for losses, searching for sources of compensation and monitoring the use of funds