FINANCIAL PROVISION OF REVITALIZATION OF TERRITORIAL COMMUNITIES IN THE WAR AND POST-WAR PERIOD IN UKRAINE

Анотація

The article examines the issues of financial support for the revitalization processes of territorial communities in Ukraine under the conditions of the war and post-war recovery. Particular attention is paid to the theoretical interpretation of the concept of revitalization and its role in the transformation of urban spaces that have experienced economic decline, infrastructural degradation, or destruction caused by military actions. The study analyzes various scientific approaches to defining revitalization as a complex and long-term process that combines spatial, economic, social, cultural, and environmental components aimed at restoring the vitality of urban territories and ensuring their sustainable development. The paper summarizes the experience of implementing revitalization projects in Ukraine, including the transformation of former industrial zones into modern cultural, business, and innovation spaces. Among the analyzed examples are Art Factory “Platforma”, Art Center Closer, and UNIT.City, which demonstrate different models of revitalization based on private investment, creative industries, and innovative development strategies. Special attention is given to identifying the main sources of financing for such projects and assessing the role of state, local, private, and international financial resources in supporting urban transformation initiatives. Furthermore, the study analyzes modern financial mechanisms used to support revitalization initiatives, including public funding programs, local budget resources, public-private partnerships, international grants, investment programs of international financial institutions, and innovative financing instruments. Particular emphasis is placed on the importance of integrating international experience and best practices into the Ukrainian system of postwar reconstruction and regional development policy. The results of the research can be used for the scientific and theoretical substantiation of revitalization strategies, improvement of financial support mechanisms for urban recovery projects, and development of effective public policy tools aimed at ensuring sustainable development and resilience of territorial communities in Ukraine.

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