Global News100m People Can Be Rescued From Poverty By 2025...

100m People Can Be Rescued From Poverty By 2025 – UN


- Advertisment -spot_img

The United Nations (UN) says 100 million people can be rescued out of poverty by 2025 despite a recession threat across the globe.

100m People Can Be Rescued From Poverty By 2025 - UN

On Monday, a UN poverty study released shows that significant poverty reduction is possible, and new ways of calculating the problem can help humanitarians and governments better target aid.


The report was released to commemorate the International Day for the Eradication of Poverty, celebrated annually on October 17.

The report, ‘The Multidimensional Poverty Index (MPI)’, reveals that significant poverty reduction is possible, and new ways of calculating the problem could help humanitarians and governments better target aid.

MPI was jointly analysed by the UN Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford.

The report goes beyond measuring poverty as a measurement of poverty and looks at other indicators, from access to education and health to living standards such as housing, drinking water, sanitation and electricity.

Using this way of calculating the issue, the study shows that, even before the COVID-19 pandemic and the current cost-of-living crisis, some 1.2 billion people in 111 developing countries are living in acute multidimensional poverty – nearly double the number who are seen as poor when poverty is defined as living on less than $1.90 per day.

Because there are different aspects of poverty in different regions, the study urged developing strategies to tackle the issue tailored to specific countries and regions.

Read Also: Ghana Loses GH¢762.32bn Through Food Waste – Report

It also identified recurring patterns of poverty (‘deprivation bundles’) that commonly affect those at risk. For example, more than half of those living in poverty lack both electricity and clean cooking fuel, whilst a third are deprived of nutrition, cooking fuel, sanitation and housing at the same time.

For example, the experience of families in Lao PDR shows the interconnected nature of living in poverty and the complexity of reducing it. Children are sent to collect firewood due to a lack of cooking fuel, so they cannot go to school. Simply providing funds to build a school would make no sense without first fixing the fuel problem.

Despite the scale of the challenge, significant improvements have been made in reducing poverty.

Reacting to the findings, UNDP head Achim Steiner said at a time government budgets are being squeezed, cutting-edge data and analytics could pinpoint the areas where spending will have the most impact.

Read Also: Netflix Ad-supported Service To Launch In 12 Countries

He said the report showed that “decarbonisation and expanding access to clean energies will advance climate action, and is also critical for nearly 600 million multidimensionally poor people who still lack access to electricity and clean cooking fuel.”

Before the pandemic hit, 72 countries had significantly reduced poverty. Yet the report anticipates that some of the efforts to end poverty in line with Sustainable Development Goals are likely to have been derailed due to recent overlapping crises. (NAN)

New Webbs is an independent online news platform launched with the aim of connecting the world with the latest news on the web.


Please enter your comment!
Please enter your name here

Latest news

SUNU Health Reiterates Commitment To Human Health, Wellbeing

Lagos, Nigeria - Dr Faith Nwachi, Chief Operating Officer, SUNU Health Maintenance Organisation (HMO), has reiterated the organisation’s commitment to...

In Entrepreneurship, Agility is the Name of the Game – Seleem Adegunwa

Lagos, Nigeria - In his drive to inspire future entrepreneurs that would make significant growth to the nation’s economy... Initiates ‘Complify’ To Simplify Tax Compliance

Lagos, Nigeria -, under the leadership of Florence Chikezie, has announced the launch of a new service called...

More Than 80 Passengers Killed In Congo Boat Accident

DRC - A boat carrying 270 passengers has capsized on a river near Congo's capital of Kinshasa, leaving more than...
- Advertisement -spot_imgspot_img

Police Nab Kidnappers Who Murder Six-year-old Boy For Food

Taraba, Nigeria - The operatives of Adamawa State Police Command have arrested two suspected male Kidnapers for the killing...

Bigi-Sponsored Nigerian Idol Bids Farewell To Jennifer After Powerful Performance

Lagos, Nigeria - A beloved contestant, Jennifer, known for her powerful vocals, left the Bigi-sponsored Nigerian Idol stage with...

Must read

In Entrepreneurship, Agility is the Name of the Game – Seleem Adegunwa

Lagos, Nigeria - In his drive to inspire future...

Rite Foods’ Chairman, Adegunwa Becomes Asiwaju Of Ijebu

Lagos, Nigeria - According to a report published in...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you