russia ukraine conflict summary 2020 pdf

Initial discussions on how to defray higher energy costs for all are taking place in many countries, and first funds have been made available.Įnergy policy is rotating toward secure access and source diversification. Aid efforts are under way globally to ensure that people’s basic needs for food, shelter, and psychological safety are met, in and beyond the conflict zone. Vulnerable populations are most likely to become refugees and will find it hardest to bear the rising costs of food and fuel. Once again, the vulnerable will suffer the most. As in other major conflicts and refugee crises-including those in Syria and Yemen-it will be a gargantuan task for the world community to aid, shelter, and host these unfortunate people. In addition to the pain and suffering experienced by those inside Ukraine, there are already more than three million people seeking refuge in neighboring nations, with similar numbers displaced within Ukraine. The invasion of Ukraine is causing a massive humanitarian crisis. While we recognize that more challenges may emerge over time, several areas are already apparent: Untangling short- and midterm disruptionsĪs business leaders deal with the short-term effects of the conflict, fundamental disruptions are under way that will shape the future beyond the immediate crisis. We conclude with some reflections on implications for business leaders as they navigate yet another crisis. We begin with a perspective on the short- and midterm disruptions and then frame scenarios for the potential impact on livelihoods in the eurozone, in the belief that some guidelines to bound uncertainty are better than none at all. In this article, we offer an initial framing of the challenges, with full recognition of the uncertainties. However, it is already certain that, as a consequence of the economic impact of the crisis on energy and food markets, disruptions will affect many in Europe and beyond. It is unclear how the military situation, the political process, and the countermeasures around the world will play out-in either the shorter or longer term.

Russia ukraine conflict summary 2020 pdf