Russia Will Pay
The project of collecting, evaluating, analyzing, and documenting information on damages and losses to civilian infrastructure in connection with Russian aggression. Since February 2022, the beginning of the war, the project has been conducted by KSE Institute together with the Office of the President of Ukraine, the Ministry of Economy and Environment of Ukraine, the Ministry for Reintegration of the Temporarily Occupied Territories of Ukraine, and the Ministry for Restoration, Infrastructure and Transport of Ukraine.
The analysis of the damages was initially carried out by analysts by the KSE Institute team and volunteers from partner organizations, in particular, the Center for Economic Strategy, Dragon Capital, Anti-Corruption Headquarters, Institute of Analysis and Advocacy, Transparency International Ukraine, Prozorro.Sale, Prozorro, Ukrainian Council of Shopping Centers, CoST Ukraine, Vkursi Agro, TVIS Ukraine, Association of retailers of Ukraine (RAU), Center for Innovations Development, and Culver Aviation. Starting from September 2023, it became fully in-house KSE Institute project.
Background
On February 24, 2022, Russia started a full-scale, unprecedented war against Ukraine. As a result of a large-scale Russian invasion, thousands of civilians died, multiple cities were shelled with rockets, bombs, and artillery, and critical infrastructure facilities, industrial enterprises, thousands of kilometers of roads, and thousands of real estates were destroyed or damaged.
Project aim
The collected data and the damage assessment will be used for the following purposes:
•
documenting war crimes and human rights violations;
•
formation of claims against Russia in international courts for compensation for damages;
•
receiving war reparations and compensations for the reconstruction of Ukraine;
•
calculation of damages and losses caused by the full-scale invasion.

October 14, 2026
September state budget spending was 11.7% below plan, and the deficit reached UAH 103.6 billion — KSE Institute Budget Barometer

October 14, 2026
Community revenues rose 25.6% in September, but delayed payments on the single treasury account held up some spending. Meanwhile, attacks increased 64.6% year-on-year — KSE Institute’s Community Monitoring

October 8, 2026
Russian Shadow Fleet Tracker – September 2026: Shadow fleet shipments of crude oil and oil products from Baltic Sea ports rose 16% as Russia’s overall seaborne oil exports fell

October 8, 2026
KSE Institute Presents Key Conditions for Ukrainian Economic Growth at UBBC Conference in London

October 6, 2026
Local Budget Revenues Up 19%, Attacks Rise 80.5% Year-on-Year — Municipal Review KSE Institute

October 5, 2026
KSE Institute Russia Chartbook

October 8, 2026
KSE Institute Presents Key Conditions for Ukrainian Economic Growth at UBBC Conference in London

October 6, 2026
Local Budget Revenues Up 19%, Attacks Rise 80.5% Year-on-Year — Municipal Review KSE Institute

October 5, 2026
KSE Institute Russia Chartbook

October 5, 2026
Russian Oil Tracker – September 2026: Russia’s Oil and Oil Products Exports Fall to Lowest Level Since 2018, as Higher Prices Add Only $0.3 Billion to Export Revenue

October 1, 2026
New Mobilization in Russia Would Likely Make Low-Skilled Workers Poorer, Not Richer — KSE Institute

April 23, 2026
Attacks on Infrastructure and the Iran War Weigh on Ukraine’s Economic Outlook, While $170 Billion in Partner Support, if Received as Planned, Ensure Budget Financing and Preserve Macroeconomic Stability — Ukraine Macroeconomic Handbook by KSE Institute
Partners
Our gratitude to donors and partners, whose support made our research and projects possible.









