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Buffett Foundation Crosses $1.5 Billion in Ukraine as Investors, Banks Make the Case to Deploy Capital Now

Devex • United NationsSeptember 24, 2026

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At the Devex Impact House during UN General Assembly week, philanthropists, private equity leaders, multilateral bankers, and Ukrainian officials delivered a unified message: Ukraine is investable now — not after a ceasefire. From Howard Buffett's $1.5 billion humanitarian commitment to Andrew Forrest's $500 million smart grid proposal to Horizon Capital's 30%-plus wartime returns, speaker after speaker challenged the assumption that capital must wait for peace.

  • Buffett Foundation surpasses $1.5 billion in Ukraine spending, with $400 million planned this year alone, covering demining, 650 million meals, and the Superhumans prosthetics network
  • Ukraine faces a $20–25 billion budget gap in 2026 — the first year without US direct budget support — as Ambassador Makarova calls for full confiscation of $300 billion in frozen Russian sovereign assets
  • Andrew Forrest commits $500 million for a national distributed smart grid with AI-managed batteries too small to target, designed to neutralize Russia's energy destruction strategy
  • Global food insecurity reaches 350 million people, driven by the war, fertilizer disruption, and shipping lane closures, former WFP chief David Beasley warns
  • Superhumans prosthetics network loses nearly all Ukrainian donors in two weeks as Russian attacks destroy businesses funding its $50 million annual operation
  • World Bank and EIB mobilize billions in de-risking tools, including a new Ramp Up mechanism targeting 1 GW of renewable energy for Ukraine
  • Horizon Capital's wartime portfolio grows 30%+ annually, proving Ukraine can deliver top-5% global fund returns during full-scale war

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Buffett Foundation Crosses $1.5 Billion in Ukraine as Investors, Banks Make the Case to Deploy Capital Now | Devex | Locunity