NO POVERTY Where do we stand in 2020

NO POVERTY Where do we stand in 2020

Posted By admin |27 Feb 2020
NO POVERTY Where do we stand in 2020


The decline of global extreme poverty continues but has slowed. The deceleration indicates that the world is not on track to achieve the target of less than 3 per cent of the world living in extreme poverty by 2030. People who continue to live in extreme poverty face deep, entrenched deprivation often exacerbated by violent conflicts and vulnerability to disasters. Strong social protection systems and government spending on key services often help those left behind get back on their feet and escape poverty, but these services need to be brought to scale.

  • The share of the world population living in extreme poverty declined to 10% in 2015, down from 16% in 2010 and 36% in 1990. However, the pace of poverty reduction is decelerating, with a “nowcast” of 8.6%  in 2018. Moreover, baseline projections suggest that 6% of the world population will still be living in extreme poverty in 2030, missing the target of ending poverty.
  • Despite having a job, 8% of the world’s workers and their families still lived in extreme poverty in 2018. The situation remains particularly alarming in sub-Saharan Africa, where the share of working poor stood at 38% in 2018.
  • Social protection systems help prevent and reduce poverty and provide a safety net for the vulnerable. However, social protection is not a reality for a large majority of the world’s population. In 2016, 55% – as many as 4 billion people – were not covered by any social protection cash benefits, with large variations across regions: from 87% without coverage in sub-Saharan Africa to 14 per cent in Europe and Northern America.
  • Only 22% of unemployed persons receive unemployment cash benefits, only 28% of persons with severe disabilities receive disability cash benefits, only 35 per cent of children worldwide enjoy effective access to social protection and only 41% of women giving birth receive maternity cash benefits.
  • Disasters often lead to a downturn in the trajectory of socio-economic development and exacerbate poverty. From 1998 to 2017, direct economic losses from disasters were estimated at almost $3 trillion, of which climate-related disasters accounted for 77% of the total – a rise of 151%  compared with the period from 1978 to 1997 – and climate-related and geophysical disasters claimed an estimated 1.3 million lives. More than 90% of deaths reported internationally were due to disaster events in low- and middle-income countries, and economic losses from disasters as a percentage of gross domestic product (GDP) were also much higher in these countries.
  • Countries have reported progress in the development and implementation of national and local disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030. As at 31 March 2019, 67 countries had reported progress in such alignment and 24 countries reported that their respective local governments had developed local strategies consistent with national strategies and plans.
  • Only one-third of all countries spend between 15% and 20% of total government expenditure on education, as recommended in the Education 2030 Framework for Action

Source: Report of the Secretary-General, Special edition: progress towards the Sustainable Development Goals