No Poverty

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 1: End poverty in all its forms everywhere.

[New] For the first time in decades, the number of people living in extreme poverty is rising: the World Bank estimates an additional 88-110 million people will be forced into extreme poverty in 2020.
[New] The Covid-19 pandemic will push an extra 88-115 million people into extreme poverty in 2020 alone, rolling back years of progress that UK aid has helped contribute to.
[New] An additional 10 million children globally could face acute malnutrition, with a doubling of the number of people facing acute food insecurity in 2020 relative to 2019.
150 million people are expected to be thrust into extreme poverty by 2021 as a result of the pandemic response, which would be the first rise in global poverty in more than 20 years.
We are not only far from achieving the goal of ending extreme poverty by 2030, but rather moving in the opposite direction.
Gender poverty gaps are most significant during prime reproductive years: Globally, in 2020, there will be 119 poor women for every 100 poor men aged 25-34, a ratio that is expected to increase to 121 women per 100 men by 2030.
Developing countries are being hit hard, with as many as 150 million people at risk of being pushed into extreme poverty by next year.
Of the estimated 115 million more people who could be pushed into extreme poverty in 2020, just under half live in South Asia.
The number of people living in extreme poverty in the SIDS by 2030 could fall by two thirds in the optimistic scenario and by nearly 100% in the poverty miracle scenario.
An estimated 40 to 60 million persons will be pushed back into extreme poverty, the first increase in global poverty in more than 20 years.
Before the COVID-19 pandemic in 2020, the pace of global poverty reduction was retarding, and was forecasted that the global target of ending poverty by 2030 would be missed.
COVID-19 could push up to 43 million people into extreme poverty in Africa, erasing at least five years of progress in fighting poverty.
The COVID-19 shock is expected to increase the number of people living in poverty in the East Asia and Pacific region by 38 million in 2020 - including 33 million people who would have otherwise escaped poverty, and 5 million people who would be pushed back into poverty.
Global extreme poverty is expected to rise for the first time in 20 years because of the disruption caused by COVID-19, exacerbating the impact of conflict and climate change, which were already slowing down poverty reduction.
The global extreme poverty rate is expected to rise for the first time in over 23 years, and more people will be added to the ranks of the extreme poor in South Asia than in any other region in 2020.
The coronavirus pandemic could push as many as 150 million people into extreme poverty by the end of 2021, wiping out more than three years of progress in poverty reduction.
Climate change may drive about 100 million additional people into poverty by 2030, many of whom reside in countries affected by institutional fragility and armed conflict, and where global extreme poverty is increasingly concentrated.
Poverty is expected to increase for the first time since 1998, erasing the progress made in the past five years and threatening the goal of eradicating extreme poverty by 2030, particularly in fragile states where most of the global extreme poor will reside.
An estimated 71 million people are now expected to be pushed back into extreme poverty in 2020, marking the first rise in global poverty since 1998.
By 2030, for every 100 men aged 25-34 living in poverty in Southern Asia there will be 129 poor women, an increase from 118 in 2021.
In 2020 alone, nearly 45 million more Latin Americans will be forced into poverty as a result of the coronavirus pandemic, with tens of millions pushed into extreme poverty.
By 2030, drug-resistant diseases could force up to 24 million people into extreme poverty and cause catastrophic damage to the world economy.
The female poverty rate in South Asia will increase in 2021 due to the COVID-19 pandemic and more women than men in the 25-34 age group will be poorer in the next decade.

Last updated: 29 November 2020

No Poverty

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