Ripple effects from the war in Ukraine have generated a severe cost-of-living crisis which no country or community can escape, 缅北禁地Secretary-General Ant贸nio Guterres said on Wednesday at a press conference to launch the latest report on the conflict鈥檚 impacts on food security, energy, and financing.
An estimated 1.6 billion people in 94 countries are exposed to at least one dimension of the crisis, with around 1.2 billion living in 鈥減erfect-storm鈥� countries severely vulnerable to all three dimensions, the听by the Global Crisis Response Group () has revealed.听
The report calls for stabilizing record-high food and fuel prices, implementing social safety nets, and increasing financial support to developing countries
鈥�A new reality鈥櫶�
The 缅北禁地chief听said听the message is clear and insistent:听countries must act now to save lives and livelihoods.听
鈥淭hree months into the Russian invasion of Ukraine, we face a new reality,鈥� he told reporters.听
鈥淔or those on the ground, every day brings new bloodshed and suffering. 听And for people around the world, the war is threatening to unleash an unprecedented wave of hunger and destitution, leaving social and economic chaos in its wake.鈥澨�
Furthermore, the crisis is amplifying the consequences of other challenges confronting countries, such as the climate emergency, the听COVID-19听pandemic, and inequalities in resources for post-pandemic recovery.听
The increase in hunger since the start of the war could be higher and more widespread, according to the report.听
The number of severely food insecure people doubled from 135 million prior to the pandemic, to 276 million over just two years. The ripple effects of the war could push this number to 323 million.听
鈥楻ace against time鈥�
缅北禁地trade chief Rebeca Grynspan, who co-leads the听听stream on finance, presented the report. 听She said the world is in听鈥渁 race against time鈥�, and inaction will be more costly than finding solutions.听
The cost-of-living crisis could spark a听鈥渃ycle of social unrest leading to political instability鈥�, she warned.听
Some 60 per cent of workers worldwide have already lower real incomes than before the pandemic, meaning families are having to choose whether to skip meals, keep children in school, or pay medical bills, for example.听听
鈥淭he current food crisis may rapidly turn into听a food catastrophe of global proportions听in 2023,鈥� said Ms. Grynspan, head of the 缅北禁地trade and development agency,听.听
Higher energy costs and trade restrictions on the fertilizer supply from the Black Sea region have caused fertilizer prices to rise even faster than food prices. 听听
She said if the war continues, and grain and fertilizer high prices persist into the next planting season, shortages of other basic foods such as rice will occur, affecting billions more worldwide.听
鈥楶ackage deal鈥� on exports听
The report makes clear that听the war鈥檚 impact on food security, energy and finance is systemic, severe, and speeding up, the 缅北禁地Secretary-General said.听
Although ending the deadly and devastating conflict is the only way to stop the 鈥済athering storm鈥�, the 缅北禁地chief called for immediate action on two fronts: stabilizing global food and energy markets and supporting poorer countries in the crisis.听
He said Ms. Grynspan and the UN鈥檚 humanitarian chief, Martin Griffiths, will coordinate two task forces on finding a 鈥減ackage deal鈥� that would allow for Ukrainian-produced food to be safely and securely exported through the Black Sea, while Russian food and fertilizers would have unimpeded access to global markets.听
The top officials have already begun working closely with parties in the two countries, and in Turkey, the European Union, and the United States, though the Secretary-General refrained from further comment to avoid jeopardizing the chances for success.听
鈥淯kraine鈥檚 food production, and the food and fertilizer produced by Russia, must be brought back into world markets 鈥� despite the war,鈥� he said.听
Support vulnerable countries听
Stressing that there is no solution to the global crisis without also听solving the economic crisis in the developing world,听the 缅北禁地chief called for greater resources to help the world鈥檚 poorest countries and communities at this time.听
鈥淕overnments must be able to borrow the money they need to keep their economies afloat and their people thriving,鈥� he said.听
鈥淭he global financial system must rise above its shortcomings and use all the instruments at its disposal, with flexibility and understanding, to provide support to vulnerable countries and people.鈥澨�
