Global Crises: Food, Energy and Finance

The UN welcomes the continuation of the initiative, which has moved over 30 million tons of food, helping to bring down global prices and stabilize markets.

The UN welcomes the extension of the initiative, which has moved 25 million metric tons of grains and foodstuffs, helping to bring down food prices and stabilize global markets.

The funds will be provided during a two-year period on behalf of the Minister of Foreign Trade and Development Cooperation of the Netherlands.

The renewal of the UN-backed initiative is vital to continuing to drive global food prices down and ensuring food security worldwide, especially in developing countries.

By renewing the Black Sea Grain Initiative, ending trade restrictions, facilitating exports and managing demand, we can get food, fertilizers and energy to all.

The initiative was set up to reintroduce vital food and fertilizer exports from Ukraine to the rest of the world. Here are some key points to understand.

The deal to export foodstuffs from Ukraine has helped bring down the prices of grains, cereals and oils.

Latest recommendations from the UN Global Crisis Response Group call for windfall tax to fund fair policies and sustainable energy solutions.

The UNCTAD chief said efforts to move foodstuffs to global markets will continue.

Mr. Guterres expressed gratitude for the work of the UN Task Force led by UNCTAD Secretary-General Rebeca Grynspan, centred on facilitating access of Russian food and fertilizers, which resulted in an agreement.