While global poverty rates have been cut by more than half since 2000, one in ten people in developing regions are still living with their families on less than the international poverty line of US$1.90 a day, and there are millions more who make little more than this daily amount. Significant progress has been made in many countries within Eastern and Southeastern Asia, but up to 42% of the population in Sub-Saharan Africa continues to live below the poverty line.
Poverty is more than the lack of income and resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion as well as the lack of participation in decision-making.
Economic growth must be inclusive to provide sustainable jobs and promote equality. Social protection systems need to be implemented to help alleviate the suffering of disaster-prone countries and provide support in the face of great economic risks. These systems will help strengthen responses by afflicted populations to unexpected economic losses during disasters and will eventually help to end extreme poverty in the most impoverished areas.
- 783 million people live below the international poverty line of US$1.90 a day
- In 2016, almost 10 per cent of the world’s workers live with their families on less than US$1.90 per person per day
- Globally, there are 122 women aged 25 to 34 living in extreme poverty for every 100 men of the same age group.
- Most people living below the poverty line belong to two regions: Southern Asia and sub-Saharan Africa
- High poverty rates are often found in small, fragile and conflict-affected countries
- One in four children under age five in the world has inadequate height for his or her age
- As of 2016, only 45% of the world’s population were effectively covered by at least one social protection cash benefit.
- In 2017, economic losses due to disasters, including three major hurricanes in the USA and the Caribbean, were estimated at over $300 billion.
1.2 By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions implement nationally appropriate social protection systems and measure for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable
1.4 By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance
1.5 By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters
1.A Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensions
1.B Create sound policy frameworks at the national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actionsk protection due to conflict