Links to recent news and analysis on the Global Goal to end poverty everywhere, exploring the facts about poverty, its causes and possible solutions.
We can afford to reverse poverty and climate breakdown
24/1/2022: A former chief executive of Save the Children warns that the financial response to the pandemic has widened global inequality. Vulnerable populations in low income countries have been unprotected and economies trapped in a downward spiral.
Source: The Guardian
Ten richest men double their fortunes in pandemic
17/1/2022: The first two years of the pandemic have seen the incomes of 99 percent of humanity fall and over 160 million people forced into poverty. Meanwhile the world's ten richest men more than doubled their fortunes.
Source: Oxfam International
World Inequality Report 2022
15/12/2021: The latest World Inequality Report reveals that the richest 10% of the global population currently takes 52% of global income, whereas the poorest half of the population earns 8% of it. Addressing the challenges of the 21st century is not feasible without significant redistribution of income and wealth inequalities.
Source: FP2P
Poverty in Nigeria linked to fuel subsidies
25/11/2021: The World Bank has urged Nigeria to increase its revenue streams by removing subsidies on petroleum products. The poorest Nigerians do not benefit from the subsidy regime.
Source: The East African
More than 4 billion people still lack any social protection
1/9/2021: A new report by the International Labour Organization finds that the COVID-19 pandemic has exacerbated the social protection gap between countries with high and low income levels. Currently, only 47 per cent of the global population are covered by at least one social protection benefit. The rate in Africa is 17 per cent.
Source: International Labour Organization
Prospects for social protection as global poverty rises
31/8/2021: The COVID-19 pandemic has led to an increased number of social safety net measures to assist low income families. Whilst many of these programmes are temporary, the lessons learned may boost prospects for deployment of this policy in eradicating global poverty and hunger by 2030.
Source: Inter Press Service