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European UnionCouncil of the EU14 May 2024

Council Implementing Decision (EU) 2024/1447 of 14 May 2024 on the approval of the assessment of the Ukraine Plan

On 21 August 2026, the European Commission proposed adding Norway’s NOK 1 billion non-repayable contribution to the Ukraine Plan’s eleventh quarterly payment. Under the draft, availability would depend on a Norway–Commission transfer agreement taking effect, Norway transferring the money and Ukraine meeting the relevant steps.

Proposal publishedCouncil of the EUEUR-Lex sourceST/9492/2024/INITImported 17d agoSource synced
Selected official stepProposal published
Actor
Council of the EU
Date
14 May 2024
Record
Implementing decision
Policy journeyAdopted

Bouleon Brief

2 min read

What is happening

The Commission has asked the Council to amend its May 2024 decision approving the assessment of the Ukraine Plan. The Commission says Norway committed NOK 1,000,000,000 to Pillar IThe part of the Ukraine Facility that provides non-repayable support and loans linked to the Ukraine Plan., the part of the Ukraine FacilityAn EU funding instrument capped at EUR 50 billion that supports Ukraine’s financing needs, recovery, reconstruction, modernisation and reforms through 2027. that provides loans and support that Ukraine does not have to repay. The proposal would add Norway’s money as non-repayable support.21

The draft assigns the contribution to the eleventh quarterly instalmentOne of 15 scheduled payments under the Ukraine Plan from 2024 to 2027, made when Ukraine satisfactorily fulfils the relevant steps., labelled Q4 2026. It would set that instalment at EUR 2,103,225,808 and NOK 1,000,000,000 in total: EUR 270,000,000 and NOK 1,000,000,000 in non-repayable support, plus EUR 1,833,225,808 in loans. The instalment is linked to 23 steps.2

The final value of Norway’s contribution in euros would use the official exchange rate when the transfer occurs. The underlying Plan contains 69 reforms and 10 investments, including measures concerning the judiciary, energy and decentralisation. The 2024 Council decision linked 146 measurable qualitative and quantitative stepsMeasurable requirements linked to the Plan’s reforms and investments that act as conditions for the related funding. to financing under that decision.23

Why it matters

The 2024 decision arranged the Plan’s financing through pre-financing and 15 quarterly instalments from 2024 to 2027. The steps are measurable requirements tied to reforms and investments. Before each payment, the Commission assesses whether Ukraine has satisfactorily fulfilled the relevant requirements.3

The proposal uses a route that allows third countries, as well as several other identified sources, to contribute additional money to the Ukraine Facility, including the Ukraine Plan. The Commission would manage Norway’s contribution under the applicable EU spending procedures. Making it available would require the transfer agreement to take effect and Norway to transfer the money; disbursement would remain conditional on the relevant Plan steps.23

What happens next

In its 21 August 2026 proposal, the Commission asked the Council to adopt the amendment. If adopted as drafted, the decision would apply from its adoption date and enter into force when published in the EU’s Official Journal. Separately, the transfer agreement’s entry into force and Norway’s transfer are conditions for making the contribution available. The Commission says urgent entry into force would maintain continuity of support in light of the situation in Ukraine.21

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