FP Event: Ukraine – A Test of the Multilateral System

How can multilateral institutions more effectively respond to complex global crises?

Russia’s invasion of Ukraine sent shockwaves through global markets, putting additional pressure on already-strained supply chains, with cascading impacts on energy, food, and economic security around the world. With countries still struggling to emerge from the global pandemic, the conflict has exacerbated inflationary trends and contributed to commodity price spikes affecting developed and developing countries—but carrying devastating and acute effects for the most vulnerable, most of whom reside in the Global South.

Not only have these complex and compounding impacts from conflict, Covid, and climate required an urgent and coordinated global response, they have also revealed fractures in the international community’s ability to respond to the crises and provide the level of support needed to safeguard economic and human security around the world. Global dynamics continue to test the capability and willingness of the multilateral institutions to meet the challenge, with the current circumstances presenting an opportunity for a reset.

Amid ongoing geopolitical and market instability, and on the occasion of the 77th Session of the UN General Assembly, Foreign Policy, in partnership with the Open Society Foundations, brought together leading policymakers, development practitioners, and investors for a frank discussion on the fallout from the Russia-Ukraine crisis, and how the multilateral institutions can identify targeted strategies to quell the crisis and more effectively support the world’s most vulnerable.

Join the conversation online using #RenewUN.

Revitalizing Multilateralism in the Face of Compounding Global Crises: Multilateral action is critical to address global food, fuel, and finance challenges exacerbated by Russia’s invasion of Ukraine – Read the issue brief by FP Analytics before the conversation on Sept. 21.

In partnership with



Rebeca Grynspan

Secretary-General of the United Nations Conference on Trade and Development
Rebeca Grynspan, economist and Ex-Vice President of Costa Rica, was named Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) in September 2021....

Dr. Arif Husain

Chief Economist and Director of Research, Assessments & Monitoring Division, United Nations World Food Programme
Dr. Arif Husain is Chief Economist and Director of Research, Assessments & Monitoring Division at
United Nations World Food Programme (WFP) in Rome, Italy. Arif...

Susana Malcorra

President and cofounder of GWL Voices for Change and Inclusion
Ms. Susana Malcorra is President and one of the cofounders of GWL Voices for Change and Inclusion. She was the Dean of IE School of Global & Public Affairs in Spain. Ms. M...
SM 2 (1)
SM 2 (1)

Mark Malloch-Brown

President, Open Society Foundations
Mark Malloch-Brown is president of the Open Society Foundations, the world’s largest private funder of independent groups working for justice, democratic governance, and human...
Mark Malloch Brown, Global Board Member
Mark Malloch Brown, Global Board Member

Satya S. Tripathi

Secretary-General, Global Alliance for a Sustainable Planet
Satya S. Tripathi is Secretary-General of the Global Alliance for a Sustainable Planet. A development economist, lawyer and changemaker with over 40 years of varied exper...

Ravi Agrawal

Editor in Chief, Foreign Policy
Ravi Agrawal is the editor in chief of Foreign Policy, a role he assumed in November 2020 after two years as the magazine’s managing editor. Be...