Detailed deliberations on macroeconomic impacts of food and energy insecurity and their implications for the global economy were held at the third Framework Working Group Meeting under India's G20 Presidency, which concluded in Kochi on Wednesday. The meeting also discussed the macroeconomic risks stemming from climate change and transition pathways.<br />''  <br />'' Briefing media persons at the end of the two-day meet, Chief Economic Advisor to the Finance Ministry Dr V Anantha Nageswaran said food and energy prices was one of the key factors underlying high inflation and the slowdown in global growth last year. He observed that though prices have moderated, the potential for prices volatility remains high, given the uncertainty in the global economy and geopolitical situation.<br />''  <br />'' He said there was broad agreement among the G20 members on the positive impact that green transition can have on growth. He observed emerging market economies and low-income countries need enhanced access to low-cost financing and technology to enable the implementation of transition policies. Deliberations were also held around the global economic outlook and the macroeconomic risks associated with financial globalisation, fragmentation and financial stability.<br />''  <br />'' Discussions from the meeting will help in finalising the key deliverables of the Framework Working Group that will be submitted to the G20 Finance Ministers and Central Bank Governors for their consideration during their meeting to be held in Gandhinagar next month.<br />''