1. No poverty - Knowledge Hub | Circle Economy Foundation
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1. No poverty

End poverty in all its forms and everywhere

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Since 2015, global poverty reduction was already slowing down and the impacts of the COVID-19 pandemic reversed three decades of steady progress with the number of people living in extreme poverty increasing for the first time in a generation. Recovery from the pandemic has been slow and uneven as the world is presently facing multiple geopolitical, socioeconomic, and climatic risks. Given current trends, 575 million people (nearly 7% of the world’s population) will still be living in extreme poverty in 2030 compared to 800 million in 2015 (or 10.8%). A surge in action and investment to enhance job opportunities and extend social services to the most excluded is crucial to delivering on the central commitment to ending poverty. The 2030 Agenda acknowledges that eradicating poverty in all its forms and dimensions, including extreme poverty, is the greatest global challenge and an indispensable requirement for sustainable development.

Priority actions on poverty eradication include:

  • improving access to sustainable livelihoods, entrepreneurial opportunities, and productive resources;

  • providing universal access to basic social services;

  • progressively developing social protection systems to support those who cannot support themselves;

  • empowering people living in poverty and their organizations;

  • addressing the disproportionate impact of poverty on women;

  • working with interested donors and recipients to allocate increased shares of ODA to poverty eradication; and

  • intensifying international cooperation for poverty eradication.

    For more information and documents on this topic, please visit this link

Sources: https://sdgs.un.org/goals/goal1 https://sdgs.un.org/topics/poverty-eradication

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