Projects

ENDING POVERTY

Ending extreme poverty around the world has a deadline of 2030.  At least that is the date set by the World Bank, the main global organization that fights it. The World Bank recognizes that achieving this objective within 15 years will be difficult - but not impossible - despite the global economic slowdown, the end of the commodities boom and capital flight from emerging markets.Reasons for optimism include the fact that this year, the percentage of people living in extreme poverty around the world will fall below 10%. In other words, people whose income falls below US$1.90 per day, according to the global poverty line recently adjusted by the World Bank.

According to the experts, the implementation of poverty reduction policies for more than a quarter century is responsible for this decline. The Bank renewed its commitment at its Annual Meeting in Lima, shortly before the United Nations celebrated the International Day for the Eradication of Poverty, on October 17. Additionally, the new Sustainable Development Goals were recently published. The first goal is precisely to end poverty, and also include related issues such as education quality and gender equality, among others.