As of December 31, 2024, Russia’s invasion of Ukraine continues to have profound physical, socioeconomic, and environmental impacts, which will be felt for generations. This fourth Rapid Damage and Needs Assessment (RDNA4) - undertaken jointly by the World Bank Group, the Government of Ukraine, the European Commission, and the United Nations, with support from other partners—takes stock of almost three years of the ongoing invasion, estimating damage and losses along with recovery and reconstruction needs for 10 years. Beyond the physical and financial impacts that are more readily quantified, the RDNA4 provides a qualitative description of how people’s lives have been dramatically altered since February 2022. RDNA4 builds on the previous three Rapid Damage and Needs Assessments (RDNA1, RDNA2, and RDNA3), which respectively covered the first three months, first year, and the first 22 months.