We are already seeing the warning signs of a wave of economic, social and political upheaval that would leave no country untouched. Many developing countries are drowning in debt, without access to finance, and struggling to recover from the COVID-19 pandemic and could go over the brink.

This threatens a starvation crisis for the poorest households, and severe cutbacks for those on average incomes. Household budgets everywhere are feeling the pinch from high food, transport and energy prices, fueled by climate breakdown and war. And Martin Griffiths will be able to soon brief you on those developments.īut the war is also having a huge and multi-dimensional impact far beyond Ukraine, through a threefold crisis of access to food, energy and finance. We are doing all we can to reduce suffering and save lives in Ukraine and the region, through our humanitarian operations.

This war is senseless, and we must all do everything in our power to bring it to an end through a negotiated solution in line with the UN Charter and international law. Millions of lives have been destroyed or put on hold. Civilians are dying in the most tragic circumstances every day. The war in Ukraine continues to have a devastating impact on the people of that country. And I want to thanks to GCRG Task Team coordinated by Rebeca Grynspan, and the Energy Workstream for making this report possible. It’s a pleasure to join you today to launch the third brief of the Global Crisis Response Group on Food, Energy and Finance.

Secretary-General Antonio Guterres: Good afternoon.

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