A Fast-Spreading Pandemic has Reduced an Additional 100 Million People into Poverty

In India, five out of six people in multidimensional poverty were from lower castes. Credit: UNDP India/Dhiraj SinghBy Thalif DeenUNITED NATIONS, Jan 6 2022 (IPS) The UN’s highly-ambitious goal of eradicating extreme poverty by 2030 has been severely undermined by a rash of problems worldwide, including an escalating coronavirus pandemic, continued widespread military conflicts and the devastating impact of climate change. According to published estimates, more than 700 million people have been living in poverty around the world, surviving on less than $1.90 a day. But the fast-spreading pandemic, whose origins go back to December 2019, has been singled out as the primary reason for a rise in global poverty– for the first time in 20 years. A World Bank report, which was updated last October, says about 100 million additional people are now living in poverty as a direct result of the pandemic. For almost 25 years, extreme poverty — the first of the UN’s 17 Sustainable Development Goals (SDGs) — was steadily declining. Now, for the first time in a generation, the quest to end poverty has suffered a setback, says the report. Sir Richard Jolly, Institute of Development Studies, Sussex, UK, told IPS at least the World Bank is emphasizing that world poverty has been rising — after many years where in countries with positive economic per capita growth, it suggested that poverty had fallen, or soon would. Admitting he was “a fan” of the UNDP’s annual Human...
Source: IPS Inter Press Service - Health - Category: International Medicine & Public Health Authors: Tags: COVID-19 Development & Aid Education Featured Global Headlines Health Human Rights Inequity Poverty & SDGs TerraViva United Nations IPS UN Bureau Source Type: news