Extreme poverty is getting worse across the globe for the first time in decades

For decades, one of the most important indicators of global well-being has kept moving in the right direction: Extreme poverty has been falling.

Although experts can and do debate the details, hundreds of millions of families moved from subsisting on less than $1.90/day (the World Bank’s standard for “extreme poverty”) to living on a little more.

Eradicating global poverty could be as simple as donating 0.1% of GDP

  • 10% of the world’s population is living in extreme poverty (living on less than $1.90 a day).
  • This number doubles when considering multidimensional poverty, which includes health, education, and nutrition.
  • It’s vital that the world comes together to truly end world poverty, something that could be achieved with a new, scaled financial

Covid-19 has revealed a pre-existing pandemic of poverty that benefits the rich

Poverty is suddenly all over the front page. As coronavirus ravages the globe, its wholly disproportionate impact on poor people and marginalised communities is inescapable. Hundreds of millions of people are being pushed into poverty and unemployment, with woeful support in most places, alongside a huge expansion in 

This is the effect COVID-19 will have on global poverty, according to the World Bank

  • Forecasts suggest COVID-19 is likely to cause the first increase in global poverty since 1998.
  • Using the most recent data, the World Bank has predicted coronavirus is pushing 40-60 million people into extreme poverty.
  • The areas most affected depend on the impact of the virus on economic activity and the number of

Business And The Mission To Really Make Poverty History

There are still around 783 million people around the world living in extreme poverty. That’s the level of poverty where families have to survive on less than $2 per day, where healthcare is an unaffordable luxury, and simply scratching together enough food to survive is a daily challenge. It’s the level of poverty where, should

Could this be the start of the end of world poverty?

Three years ago the world lined up behind an ambitious set of targets – the sustainable development goals – for 2030. The checklist included the eradication of extreme poverty, ending preventable child deaths and delivering quality universal education. As part of the pledge, governments committed to achieving the most rapid progress

The start of a new poverty narrative

Last September, the Bill & Melinda Gates Foundation released its annual Goalkeeper’s report, highlighting the extraordinary progress made in reducing extreme poverty around the world, while also warning that sustaining this progress would not be easy.

We now have the first actual data points that ring the alarm bells about a new, unfolding story on global

UN expert calls US income inequality ‘a political choice’

A U.N.-supported human rights expert has blasted the yawning gap between rich and poor in the United States, insisting in a new report that the world’s richest country “is now moving full steam ahead to make itself even more unequal.”

The United Nations’ human rights office said Monday that Philip Alston, an independent expert commissioned to

Obsession with ending poverty is where development is going wrong

How can we alleviate extreme poverty? It’s the question that underpins the UN sustainable development goals (SDGs), and almost all development projects. Because poverty almost always shows itself as a lack of resources in poor communities – food, safe water, sanitation, education, healthcare – it’s reasonable to theorise that poverty is a resource problem. So,

End of Electricity Program Leaves Poor Texans in Cold Darkness

North Texas was freezing during a three-day stretch last month, but Mary Garcia refused to turn on the heat in her cramped apartment. She feared that doing so would too quickly drain her pay-as-you-go account with Penstar Power, a Dallas-based electricity provider.

On Dec. 19, with just $15.31 in her account and the outside thermometer showing

2017-02-23T09:38:31-06:00Tags: , |

And the poor shall rise

Did you hear the breaking news? Yesterday, 138,000 people rose out of extreme poverty. Another 138,000 rose out of extreme poverty the day before. And the day before that, too. Of course you didn’t, because a plane crash or a terrorist attack is news, but slow and steady progress is not. Even 50million people rising

2017-02-23T09:50:46-06:00Tags: , |
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