Publication

Global impact of the war in Ukraine: Billions of people face the greatest cost-of-living crisis in a generation

08 June 2022
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United Nations Secretary-General António Guterres launched the second brief of the Global Crisis Response Group (GCRG) on the global implications of the war in Ukraine on the cost of living on 8 June 2022.

The war in Ukraine has led to a cost-of-living crisis. An estimated 1.6 billion people are exposed to at least one dimension of the crisis. About 1.2 billion of them live in ‘perfect-storm’ countries severely vulnerable to all three dimensions – food, energy and finance.

The GCRG will help decision-makers to mobilize solutions and develop strategies to help countries address the interlinked crisis with food, energy and finance.

The first brief on the global impact of war in Ukraine on food, energy and finance was launched on 13 April 2022.