Massive disruptions in the global energy market are?

undermining governments and people¡¯s ability to cope

Ä¢¹½ÊÓÆµ Secretary-General¡¯s Global Crisis Response Group on Food, Energy and

Finance lays out steps to address the global energy crisis

1 August 2022 ¡ª As the world struggles to respond to the once-in-a-generation cost-of-living crisis due to the war in Ukraine, the latest brief of the (GCRG) on Food, Energy and Finance, to be launched on 3 August, will focus on ways to address the global energy crisis, providing specific policy recommendations to address the sky-rocketing energy prices and growing social discontent.

The third brief comes as the first cargo ship leaves the Ukrainian port of Odesa on 1 August carrying grain under the landmark Black Sea Grain Initiative signed by Ukraine, Russia and T¨¹rkiye, overseen by the United Nations.

The GCRG, made up of a diversity of leaders from Ä¢¹½ÊÓÆµ agencies, development banks and other international organizations, was established by Ä¢¹½ÊÓÆµ Secretary-General Ant¨®nio Guterres to develop coordinated solutions to the cascading and deeply interconnected impacts of the war in Ukraine.

The Ä¢¹½ÊÓÆµ Conference on Trade and Development (Ä¢¹½ÊÓÆµCTAD) leads and coordinates the development of the GCRG¡¯s briefs.

WHO:? ? ?

Ä¢¹½ÊÓÆµ Secretary-General Ant¨®nio Guterres

Ä¢¹½ÊÓÆµCTAD Secretary-General Rebeca Grynspan

WHAT:??

Launch of the Global Crisis Response Group¡¯s third brief on the impact of the war in Ukraine on the food, energy and finance sectors

WHERE:

Ä¢¹½ÊÓÆµ Press Briefing Room in New York

Live streamed on

WHEN: ??

12:30 p.m. EST Wednesday, 3 August 2022

MEDIA CONTACTS

Ä¢¹½ÊÓÆµCTAD | Dan Teng¡¯o | dan.tengo@un.org

Ä¢¹½ÊÓÆµ Global Communications | Devi Palanivelu | palanivelu@un.org