End poverty in all its form everywhere
“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.” UN 2030
Eradicating poverty is the core theme of the UN SDGs.
United Nations: Poverty is defined as people living on less than $1.90 per day. Since 2000 the global poverty rates have been halved yet 10% of the global population is living in extreme poverty. 42% of population of sub-Saharan region in Africa lives below the poverty line. In 2015, 736M people lived in poverty and by 2016 1B people lived in slums with over half 589M living in East, South-East, Central and South Asia. In the last three decades a lot of progress has been made. According to World Bank report, global poverty has reduced drastically since 1975. Today, globally 1B people live in poverty compared to nearly 2B people in 1975. Compare this with a worldwide population of 4B in 1975 to 7.8B today, the figure is much more compelling. A key enabler has been rapid urbanization. Rapid urbanization especially in Asia enabled an exponential reduction in poverty. The world urbanization rate is 50% and expected to grow much higher during the next decade. According to present projections, UN estimates, global extreme poverty rate will be 6 per cent by 2030.
“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 actions.” UN 2030