The United States will host further G20 talks in coming weeks on the war’s impact on food and fertilizer markets.
A chair’s statement following the April 16 finance meeting will outline discussions held during IMF and World Bank spring sessions.
The document replaces a formal communique, which was not possible due to the absence of full consensus among member states.
Officials discussed war-driven economic impacts, including agriculture markets, value chains, and fertilizer supply disruptions affecting global stability and trade flows.
Treasury Secretary Scott Bessent urged coordinated G20 action with IMF and World Bank to secure urgent fertilizer access globally worldwide.
The IMF has cut growth forecasts as the war drives energy prices higher and intensifies pressure on global economies further.
Supply chain disruptions, especially fertilizer shipment delays, could push an estimated 45 million people into food insecurity globally this year.
The IMF expects at least a dozen countries to seek new financial support programs amid the escalating crisis this year.
A majority of G20 members backed the U.S.-led initiative, though a few could not confirm agreement this week officially yet.
Staff-level engagements will continue to build toward an actionable consensus on coordinated measures, officials involved in talks said further progress.
Many members stressed keeping food and fertilizer supply chains open, avoiding export restrictions that could deepen global shortages further still.
Bessent has streamlined G20 priorities under U.S. leadership, pausing climate committees and refocusing the group on macroeconomic stability core issues.