A comprehensive overview of frozen Russian state assets and the issues surrounding putting them to work for Ukraine and the state of play today.
Approximately $300 billion of Russian state assets have been frozen by the G7 nations. €210 billion of this is in the EU. Currently, the interest earned on these funds is being used to aid Ukraine, but the principal remains frozen and unused.
With EU budgets under strain and US funding for Ukraine terminated, using the principal is increasingly becoming the most important question for preventing a Ukrainian defeat. MakePutinPay.org aims to be the resource for understanding the frozen assets issue and the legal, financial and political questions surrounding their use.
International law frameworks, sovereign immunity questions, and the precedents that support asset transfer — from post-WWII reparations to the Iraq sanctions regime.
Explore legal resources§ 02Financial stability concerns, sovereign immunity arguments, and the rebuttals from leading economists and legal scholars.
Explore counterarguments§ 03Where G7 governments stand, what legislation exists, what has stalled and why — and what decisions remain.
Explore policy resourcesA working file for policymakers, journalists, academics, and researchers — making the case for redirecting frozen Russian sovereign assets to Ukraine.
This site aggregates research, legal analysis, and policy documents supporting the case for redirecting frozen Russian sovereign assets to Ukraine. Sources are cited; positions represent those of their respective authors.