Ending global poverty […] demands that we prioritize investments in decent work, learning opportunities and social protection […] it calls on us to fully implement the new Pact for the Future by supporting an SDG Stimulus and reforming the global financial architecture to help developing countries invest in their people.
UN Secretary-General António Guterres
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The International Day for the Eradication of Poverty, commemorated annually on October 17, was established by the United Nations General Assembly through resolution 47/196 on December 22, 1992. This day calls on all nations to participate in activities aimed at eradicating poverty and destitution. It is also a moment to recognize the persistent struggles of people living in poverty, acknowledging that they are often the first and most active in the fight to improve their circumstances.
Global Poverty Facts and Challenges
- Extreme poverty is defined as living on less than $2.15 per person per day (based on 2017 purchasing power parity).
- By the end of 2022, approximately 8.4% of the global population, or as many as 670 million people, were expected to live in extreme poverty.
- By 2030, it is estimated that 7% of the world’s population—about 575 million people—may still remain trapped in extreme poverty.
- In response to rising costs, 105 countries and territories implemented almost 350 social protection measures between February 2022 and February 2023.
Despite advancements in healthcare, education, and social protection, poverty rates remain alarmingly high, particularly in Africa and the least developed countries. People living in poverty often face compounded challenges, including unsafe working conditions, poor housing, lack of adequate nutrition, and restricted access to justice and healthcare.
Addressing Poverty: The Importance of Global Cooperation and Gender Equality
Eradicating poverty is not just a social or economic challenge—it is an ethical necessity. This day underscores the need for collective action, with special attention on the disproportionate impact of poverty on women. Gender inequality continues to impede progress in poverty reduction, making it essential to empower women through equal access to economic resources, property, and opportunities. Empowering women is key to breaking the cycle of poverty.
While each country bears responsibility for its development, international cooperation is crucial for success. Global programs and policies can supplement national efforts, paving the way for a more just and equitable world for all.
Sources:
https://www.un.org/en/observances/day-for-eradicating-poverty/background
https://documents.un.org/doc/undoc/gen/n17/467/66/pdf/n1746766.pdf
https://documents.un.org/doc/undoc/gen/n18/250/42/pdf/n1825042.pdf
SDG 1 – End poverty in all its forms everywhere
By: Natalia Vega- Roya Inistite in Costa Rica