United nations estimates that over 800 million people are currently living in extreme poverty. the world bank defines this as living on less than $1.90 per day, and the majority of people living in extreme poverty are located in sub-saharan africa. the world bank also estimates that over 1.2 billion people are living in moderate poverty, defined as living on less than $3.10 per day.
Number of people living in extreme poverty has decreased by over 1 billion since 1990, and the united nations has set a goal to eradicate extreme poverty by 2030. climate change is expected to have a significant impact on poverty levels, and the united nations has identified 17 sustainable development goals to address poverty. governments, international organizations, and ngos are working together to reduce poverty.
Is linked to a lack of access to basic necessities such as food, clean water, and healthcare, as well as a lack of access to financial services such as banking and credit. it can also lead to a lack of education, which can further perpetuate poverty. inequality is a major factor contributing to poverty, and it requires a multi-faceted approach to address.