International Day for the Eradication of Poverty 2023. Facts and figures

International Day for the Eradication of Poverty 2023 Facts and Figures: Every year, October 17 is observed as the International Day for the Eradication of Poverty. The day aims to promote understanding of the plight of people living in poverty and wider society. This year’s theme is ‘Dignified work and social protection: Putting dignity into practice for all’. The UN organization states that the theme advocates universal access to decent work and social protection as a means of preserving human dignity for all people and emphasizes that decent work must empower people, ensure fair wages and safe working conditions, and fundamentally recognize the inherent value and humanity of all workers .

Everyone deserves to live a dignified life.

The #Globalgoals the goal is to help eradicate poverty so that all people, everywhere have the opportunity to prosper.

it’s monday #EndPoverty Day. https://t.co/HHxpZw1ZyI pic.twitter.com/U26GOBayEN

— United Nations (@UN)
October 16, 2023

International Day for the Eradication of Poverty 2022: current issue, history and facts

This article will help you understand the facts and figures related to the spread of poverty globally:

International Day for the Eradication of Poverty 2023 Facts and Figures: Facts and Figures

Poverty is not only an economic problem, but a multidimensional phenomenon that includes a lack of income and basic opportunities for a dignified life. Some concerns are:

  • Extreme poverty is defined as surviving on less than $2.15 per person per day in 2017 purchasing power parity.
  • It is estimated that 7% of the global population of around 575 million people could still find themselves trapped in extreme poverty by 2030.
  • In response to the cost of living crisis, 105 countries and territories announced nearly 350 social protection measures between February 2022 and February 2023.
  • Despite the expansion of social protection during the COVID-19 crisis, more than 4 billion people remained completely unprotected. Many vulnerable population groups in the world, including the young and the elderly, remain not covered by social protection programs prescribed by law.
  • The share of government spending on basic services, such as education, health and social protection, is significantly higher in advanced economies than in emerging and developing economies.
  • Increasing action and investment to increase economic opportunity, improve education and extend social protection to all, especially the most excluded, is essential to meeting the central commitment to end poverty and leave no one behind.
  • The global poverty ratio at $2.15 was revised up slightly by 0.1 percentage point to 8.5 percent, resulting in a revision of the number of poor from 648 to 659 million.

International Day for the Eradication of Poverty 2023: Goal 1 – Eradicate poverty in all its forms everywhere

As the world enters the Third Decade for the Eradication of Poverty, an estimated 783 million people lived on less than $1.90 a day in 2013, compared to 1.867 billion people in 1990. The United Nations in collaboration with various other organizations produced a set of measures labeled Goal 1 to eradicate poverty. Check out some of them below:

  • By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a day.
  • By 2030, 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.
  • Implement nationally appropriate social protection systems and measures for all, including lower limits, and achieve substantial coverage of the poor and vulnerable by 2030.
  • By 2030, ensure that all men and women, especially the poor and vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control of land and other forms of property, heritage, natural resources, appropriate new technology and financial services, including microfinance.
  • 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.
  • Ensure significant mobilization of resources from various sources, including through enhanced development cooperation, to ensure adequate and predictable funding for developing countries, especially least developed countries, to implement programs and policies to eradicate poverty in all its dimensions.
  • Create robust policy frameworks at national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actions.

In conclusion, the theme of the International Day for the Eradication of Poverty is an opportunity to unite and show support for the upliftment of poor people. This is only possible with strong global partnerships between governments, businesses and civil society organizations.

Source: United Nations

Important days and dates in October 2023

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