1: according to the united nations, over 1.2 billion people currently live in extreme poverty and more than half of the world’s population lives on less than $2 a day. in 2017, the world bank reported that 736 million people were living in extreme poverty, as defined by the world bank as living on less than $1.90 a day.
paragraph 2: the world bank estimates that by 2030, the number of people living in extreme poverty could increase to over 900 million, with over 80% of these people living in sub-saharan africa. this could result in over 500 million people living in extreme poverty in sub-saharan africa, over 300 million in south asia, over 100 million in east asia and the pacific, over 20 million in latin america and the caribbean, over 10 million in the middle east and north africa, over 5 million in europe and central asia, over 1 million in north america, and over 0.5 million in oceania.
paragraph 3: the world bank estimates that the number of people living in extreme poverty could increase due to a number of factors, including population growth, rising inequality, and the effects of climate change. additionally, the world bank has identified a number of policy initiatives that could help reduce the number of people living in extreme poverty, such as investments in health and education, job creation, and access to financial services.