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Global XVII

SDG - 1 No Poverty
Aim: End poverty in all its forms everywhere

Key Targets - Eradicate Extreme Poverty: By 2030, eradicate extreme poverty


for all people everywhere, currently measured as people living on less than
$1.25 a day.

1. Reduce Poverty Rates: Reduce by at least half the proportion of men,


women, and children of all ages living in poverty in all its dimensions
according to national definitions.
2. Implement Social Protection Systems: Ensure that all people have equal
rights to economic resources, as well as access to basic services, ownership,
and control over land property, and natural resources, under national laws.
3. Build Resilience: Build the resilience of those who are most vulnerable to
climate-related extreme events and other economic, social, and
environmental shocks and disasters.
4. Mobilize Resources: Substantially increase the resources available to end
poverty and ensure that development strategies are inclusive of poor and
marginalized groups.

Importance

Human Rights: Poverty eradication is essential for the realization of


fundamental human rights, including the right to education, health, and an
adequate standard of living.
Economic Growth: Reducing poverty fosters economic growth by creating a
more inclusive economy and enhancing human capital.
Social Stability: Addressing poverty can lead to greater social stability and
cohesion, reducing the potential for conflict and unrest.

Progress and Challenges

Progress:

Global Reduction: Since 2000, the global rate of extreme poverty has
significantly declined, with hundreds of millions of people lifted out of
poverty.
Social Protection: Many countries have expanded social protection systems,
including cash transfer programs and social safety nets.
Innovative Solutions: Advances in technology and data collection have
improved the ability to target and address poverty more effectively.

Challenges:

Inequality: Income inequality within and between countries continues to be


a major barrier to poverty eradication.
Conflict and Climate Change: Armed conflicts, climate change, and natural
disasters disproportionately affect the poor and can reverse progress made.
Economic Disruptions: Economic shocks, such as those caused by the
COVID-19 pandemic, have pushed many people back into poverty and
strained resources.

Strategies for Achieving SDG 1

1. Inclusive Economic Growth: Promote economic policies that foster job


creation, support small and medium-sized enterprises, and increase access
to economic opportunities for marginalized groups.
2. Social Protection Systems: Expand social protection systems to cover all
individuals, including those in informal employment and vulnerable
populations.
3. Education and Skills Development: Invest in education and vocational
training to equip individuals with the skills needed to access better
employment opportunities.
4. Strengthening Governance: Improve governance and accountability to
ensure that poverty reduction programs are effectively implemented and
resources are used efficiently.
5. Global Cooperation: Enhance international cooperation to provide financial
and technical support to developing countries, and to address global
challenges that affect poverty, such as climate change.
Key Organizations and Initiatives

United Nations Development Programme (UNDP): Supports countries in


achieving SDG 1 through various poverty reduction and development
programs.
World Bank: Provides financial and technical assistance to developing
countries for poverty reduction projects.
International Fund for Agricultural Development (IFAD): Focuses on
improving the livelihoods of rural people and promoting sustainable
agriculture.
Non-Governmental Organizations (NGOs): Numerous NGOs work on the
ground to provide aid, advocate for policy changes, and implement poverty
alleviation programs.

Conclusion

SDG 1 represents a critical and ambitious goal within the broader framework of
the 2030 Agenda. Achieving "No Poverty" requires a comprehensive and
collaborative approach, addressing both immediate needs and long-term
systemic issues. Continued progress relies on global solidarity, innovative
solutions, and a commitment to leaving no one behind.

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