Leaders of the G7 countries have pledged an additional $4.5 billion "to ensure global food security," amounting to a total of over $14 billion in 2022, according to a statement released on Tuesday.

The G7 leaders urged countries and companies with large food stockpiles to help ease shortages.

The leaders also said they would continue to ensure that their sanctions packages are not targeting food and allow for the free flow of agricultural products, including from Russia, and the delivery of humanitarian assistance.