The World Energy Outlook 2022 report was released by the International Energy Agency to provide insights into the implications of the global energy shock.
Russia has been the world’s top exporter of fossil fuels.
Natural gas prices have reached unprecedented levels.
High energy prices have also worsened food insecurity in many developing countries.
Around 75 million people who have recently gained access to electricity will be unable to pay their energy bills.
Over 100 million people are likely to increase their dependence on firewood for cooking instead of adopting cleaner and safer solutions.