SDG 1: No Poverty

What is Sustainable Development Goal 1?

End poverty in all its forms everywhere.

The number of people living in extreme poverty around the world went down from 36% in 1990 to 10% in 2015. But the rate of change is slowing down, and the COVID-19 crisis could make decades of progress against poverty go backwards. New research from the UNU World Institute for Development Economics Research warns that the economic effects of a global pandemic could put as many as 500 million more people, or 8% of the world’s population, into poverty. This would be the first time since 1990 that the number of poor people around the world has grown.

More than 700 million people, or 10% of the world’s population, still live in extreme poverty today. These people struggle to meet even the most basic needs, such as health care, education, and clean water and toilets. Sub-Saharan Africa is home to most of the people who live on less than $1.90 a day. The rate of poverty in rural areas is 17.2%, which is more than three times higher than the rate of poverty in cities.

Even if someone has a job, that doesn’t mean they can make a good living. In 2018, 8% of workers with jobs and their families lived in extreme poverty around the world. One out of every five kids lives in a very poor situation. To reduce poverty, it is important to make sure that all children and other vulnerable groups have social protection.

Sustainable Development Goal 1 Targets

• 1.1 Get rid of extreme poverty for everyone in the world by 2030. Right now, extreme poverty is defined as living on less than $1.25 a day.
• 1.2 By 2030, cut in half the number of men, women, and children of all ages who live in poverty in all its forms, based on national definitions.
• 1.3 Set up social protection systems and measures for everyone at the national level, including floors, and make sure that the poor and the vulnerable are covered well by 2030.
• 1.4 By 2030, make sure that all men and women, especially the poor and vulnerable, have equal rights to economic resources and access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology, and financial services, including microfinance.
• 1.5 By 2030, make the poor and those in vulnerable situations stronger and less likely to be hurt by extreme weather events and other economic, social, and environmental disasters and shocks.
• 1.A. Make sure that a lot of money is raised from a variety of sources, such as by improving development cooperation, so that developing countries, especially the least developed ones, have enough and reliable money to carry out programs and policies to end poverty in all its forms.
• 1.B Make good policy frameworks at the national, regional, and international levels that are based on development strategies that help the poor and take gender into account. This will help speed up investments in actions to end poverty.

SDG 1 Impact Investing Strategies:

Below you will find our list of current offerings that support this sustainable development goal.