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Sustainable Development Goal

SDG1 – No Poverty
Ending poverty in all its forms is the first of the 17 Sustainable Development Goals (SDGs) of the 2030
Agenda for Sustainable Development. The 2030 Agenda acknowledges eradicating poverty is the greatest
global challenge and indispensable requirement for sustainable development. At the Millennium Summit in
September 2000, 189 countries adopted the Millennium Declaration, pledging to “spare no effort to free our
fellow men, women and children from the abject and dehumanizing conditions of extreme poverty.”

From 1990 – 2014 the world made remarkable progress in reducing extreme poverty, with over one
billion people moving out of that condition. The global poverty rate decreases from 37.8% to 11.2%, averaging
1.1% decrease of poverty rate each year. However, between 2014 – 2019, the rate of poverty reduction
decreased to 0.6% per year, which has been the slowest rate in the past three decades. Most of the progress was
observed in East Asia and the Pacific, as well as South Asia.

What is Poverty?
Poverty is more than just the lack of income and productive resources. It also includes hunger and
malnutrition, limited access to education and other basic services, and social discrimination and
exclusion.

Poverty facts and figures


 According to the most recent estimates, in 2023 almost 700 million people around the world lives
on less than 2.15 dollars.
 The percentage of people living in extreme poverty decreased from 14.3% in 2010 to 7.1% by
2019. However, in 2020 the poverty rose for the first time in two decade after the COVID-19
pandemic.
 It is projected that the goal will not be achieved by 2030, with almost 600 million people still
living in extreme poverty

Global action
While progress in eradicating poverty has been incremental and widespread, the persistence of
poverty remains a major concern in Africa, least developing countries, small island developing states,
middle-income countries and countries in situation of conflict and post-conflict countries. In light of these
concerns, the General Assembly, at its 72nd session, decided to proclaim the 3rd United Nations Decade
for the Eradication of Poverty, where the objective is to maintain the moment of the 2nd Untied Nations
Decade for the Eradication of Poverty.

Priority actions:

 Improving access to sustainable livelihood, entrepreneurial opportunities and productive


resources;
 Provide access to basic social services;
 Develop social protection systems to support those who cannot support themselves;
 Empower people living in poverty and their organizations
 Address the disproportionate impact of poverty on women;
 Working with interested donors and recipients to allocate increased shares of Official
Development Assistance (ODA) to poverty eradication; and
 Intensifying international cooperation.

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