Over 1.1 Billion People Face Acute Poverty, Says UN

Over 1.1 Billion People Face Acute Poverty, Says UN. A recent report from the United Nations has unveiled a staggering reality. Over 1.1 billion people worldwide are currently living in acute poverty. Defined as living on less than $1.90 a day. This alarming figure highlights the urgent need for global action to address poverty. Which has been exacerbated by the ongoing effects of the COVID-19 pandemic, climate change, and rising food and energy prices.

The UN’s report emphasizes that the increase in acute poverty is not just a result of economic factors. Also closely tied to social inequalities and systemic barriers that disproportionately affect marginalized communities. Women, children, and minority groups are particularly vulnerable. With the report noting that these populations face significant challenges in accessing essential services such as education, healthcare, and employment opportunities.

According to the report, the impact of the pandemic has been devastating. Pushing millions back into poverty after years of progress. The economic downturn caused by lockdowns and restrictions has resulted in job losses and reduced income for many families,. While rising inflation has made basic necessities increasingly unaffordable.

In addition to economic challenges, the report highlights the growing impact of climate change as a driving force behind poverty. Extreme weather events, such as floods and droughts, have devastated communities and disrupted livelihoods. Particularly in low-income countries that are least equipped to cope with such disasters. The UN calls for a comprehensive approach to tackling these interlinked issues. Urging governments and international organizations to prioritize sustainable development and invest in resilient infrastructure.

The report also underscores the importance of global cooperation in combating poverty. The UN has set a target to eradicate extreme poverty by 2030 as part of its Sustainable Development Goals (SDGs), but progress has stalled in recent years. To meet this ambitious goal, the report urges countries to implement policies that promote inclusive economic growth. Enhance social protection systems, and ensure equitable access to resources and opportunities.

In response to the report, UN Secretary-General António Guterres stated, “We cannot accept that over a billion people continue to live in acute poverty. It is our collective responsibility to create a world where everyone has the opportunity to thrive, free from the shackles of poverty.” He emphasized the need for renewed commitment from world leaders to tackle the root causes of poverty and inequality.

As the world grapples with these pressing challenges, the UN report serves as a stark reminder of the urgent action needed to lift millions out of poverty and ensure a more equitable future for all. With the right policies and international support, it is possible to make significant strides toward eradicating poverty and achieving a more sustainable and inclusive world.