The World Refugee & Migration Council (WRMC) welcomes the decision of the G7 to extend a 50 billion dollar loan to Ukraine, which will be underwritten by the earnings of Russian assets that have been frozen by G7 countries and the European Union.
Making Transgresors Pay: Repurposing Sanctioned Assets of Offending Governments
On 2 May 2024, the World Refugee & Migration Council organized a major conference with Chatham House and its Russia-Eurasia and Global Economy and Finance Programmes in London to evaluate and discuss options for repurposing frozen or seized assets to compensate victims of aggression and corruption. Watch the Conference Video *use the icon in the […]
Avoiding Direct Confiscation: A Bond-lien Guarantee Mechanism to Help Ukraine
Instead of confiscating Russian assets, Western governments can use them as security for loans of equal value immediately to support Ukraine.
Social Bonds: A New Variant of ‘Lend-Lease’ to Rebuild Ukraine
New Policy Brief outlines the creation of a mechanism to issue ‘Social Bonds’ for Ukraine’s reconstruction to mobilize the vast resources of the private sector for Ukraine’s reconstruction in the near term.
The G7 can prove its commitment to Ukraine by seizing Russian assets
WRMC’s Lloyd Axworthy and Fen Hampson write in the Globe and Mail that G7 leaders must stop dragging their feet and take Russia’s money now and redirect it to Ukraine.