No Poverty

What is No Poverty:

1. Ending a lack of money and/or vital resources which renders it impossible or challenging for human beings to live with dignity and provide for themselves 

Why is having no poverty important for more people to be well-off?

1. Growing inequality is detrimental to economic growth and undermines social cohesion, increasing political and social tensions and, in some circumstances, driving instability and conflicts.

How can we help with reducing poverty?

1. One of the leading causes of poverty is inequality.  Groups of individuals that lack representation in their communities are further disadvantaged in terms of resources and opportunities due to institutional constraints. In order to reduce poverty in a neighborhood or even a nation, the solutions must engage members of all groups and identities.

2. Inequality and risk combine to create poverty when a lot of inequality meets a lot of risk. People are far less competent to handle crises when they occur frequently since their resources are already depleted. Making sure that the most defenseless people and communities can become resilient is necessary to fix this. This entails collaborating with the most vulnerable populations when providing humanitarian aid in order to help them become more change- and setback-tolerant.

3. Poverty is the result of . According to UNESCO, If all students in lower income countries were able to go through basic education, they would be able to escape extreme poverty. Therefore, by creating access to schooling in remote areas of the world, and making it affordable, many people would be able to benefit off of it.

Examples of No Poverty:

1.  Syria‘s poverty rate following the start of the Syrian crisis increased from approximately 12% in 2007 to 83% in 2019. 

2. In Nepal, a decade-long civil war came to a close in 2006. This correlated with a sharp increase in gross national income (GNI) and gross domestic product (GDP) year-over-year. 

3. The UN peacekeeping operation in Cambodia in 1992 helped to forged stability within the country and to grow its middle class caused its poverty rate to drop from 47.8% in 2007 to 13.5% by 2014.

Fun Facts about no poverty:

1. More than 4 years of progress against poverty has been erased by COVID-19

2. Rising inflation and impacts of war in Ukraine furthers the derailment of the process of fighting against poverty.

3. Working poverty rate rose for the first time in two decades, pushing an additional 8 million workers into poverty.