United nations and the world bank are two organizations that are working to reduce extreme poverty around the world. according to the united nations, more than 1 billion people currently live in extreme poverty, defined as living on less than $1.90 per day. poverty is a global issue that affects people in all countries, leading to a lack of access to basic needs such as food, water, education, and healthcare.
World bank estimates that the number of people living in extreme poverty has decreased from 1.9 billion in 1990 to 736 million in 2015. this is a decrease in the global poverty rate from 37.1% in 1990 to 10.7% in 2015. the united nations has set a goal of ending extreme poverty by 2030, and the world bank has identified four main strategies to reduce poverty.
World bank’s strategies to reduce poverty include investing in people, promoting economic opportunities, providing social protection, and building resilience. investing in people includes providing access to education, healthcare, and other basic services. promoting economic opportunities includes creating jobs, increasing access to credit, and improving infrastructure. providing social protection includes providing access to social safety nets, such as cash transfers and food assistance. building resilience includes improving access to natural resources, such as clean water and sanitation. if current trends continue, the number of people living in extreme poverty will be reduced to less than 3% by 2030.