The Sustainable Development Goal (SDG) 1 aims to eradicate poverty in all its forms worldwide by 2030. Here's an overview of the progress and challenges related to this goal:
Progress Achieved:
Between 1990 and 2020, over 1.2 billion people rose out of extreme poverty. In 1990, nearly 36% of the global population lived on less than $1.90 a day, but by 2020, this proportion had decreased to 9.2%.
Child mortality rates have significantly improved. The number of children under the age of 5 dying daily - mostly from preventable causes such as poverty, hunger, and disease - dropped from about 34,200 in the 1990s to over 14,200 in 2020.
Challenges and Setbacks:
COVID-19 Pandemic: The pandemic led to a rise in global extreme poverty for the first time in over two decades. Approximately 100 million additional people were pushed into poverty due to the pandemic's economic disruptions.
Climate Change: Projections indicate that climate change could drive 68 million to 132 million people into poverty by 2030, with Sub-Saharan Africa and South Asia being the most affected regions.
Future Outlook: If current trends persist, an estimated 575 million people will still be living in extreme poverty by 2030, and only one-third of countries are expected to have halved their national poverty levels.
Key Targets of SDG 1:
Eradicate Extreme Poverty: By 2030, eliminate extreme poverty for all people everywhere, currently measured as living on less than $2.15 a day.
Reduce Poverty by Half: By 2030, reduce at least by half the proportion of men, women, and children of all ages living in poverty in all its dimensions according to national definitions.
Implement Social Protection Systems: Implement nationally appropriate social protection systems and measures for all, achieving substantial coverage of the poor and vulnerable by 2030.
Ensure Equal Rights: By 2030, ensure all men and women, particularly the poor and vulnerable, have equal rights to economic resources, basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology, and financial services, including microfinance.
Build Resilience: By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social, and environmental shocks and disasters.
Conclusion:
While significant strides have been made in reducing global poverty over the past few decades, recent challenges such as the COVID-19 pandemic and climate change have hindered progress. Achieving SDG 1 by 2030 requires renewed commitment, substantial policy actions, and global cooperation to address these setbacks and accelerate poverty reduction efforts.