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Eradication of poverty

The universal eradication of poverty in all its forms.

In 2023, about 700 million people were forced to live on only 2.15 US dollars a day.

Over the past decade, the share of employed people living in extreme poverty was reduced by half: from 14.3 percent in 2010 to 7.1 percent in 2019. However, in 2020 it rose for the first time in twenty years as a result of the COVID-19 pandemic.

According to forecasts, the global goal of ending extreme poverty by 2030 will not be achieved, since nearly 600 million people will still be living in extreme poverty.

Every sixth child lives in conditions of extreme poverty. Between 2013 an 2022, the number of children surviving on less than 2.15 US dollar a day decreased from 383 million to 333 million. However, the economic consequences of COVID-19 led to the loss of three years of progress.

In 2021, 53 percent of the world’s population 4.1 billion people had no access to any form of social protection.

By 2030, reduce the proportion of men, women and children of all ages living in all forms of poverty, according to national definitions, by at least half.

By 2030, ensure that all men and women, especially the poor and vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control of land and other forms of property, inheritance, natural resources, appropriate new technologies and financial resources services, including microfinance.

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.

Ensure the mobilization of significant resources from a variety of sources, including through enhanced development cooperation, to provide developing countries, especially the least developed countries, with sufficient and predictable means to implement programs and strategies to eradicate poverty in all its forms.

Establish strong policy frameworks at the national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to promote accelerated investment in poverty eradication.

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