Poverty - SmartGreenInvest

Eradicating Poverty

Reducing poverty is not only a moral imperative but also crucial for achieving sustainable development goals (SDGs). Eradicating poverty is the first of the 17 SDGs, emphasizing its importance in the global agenda for 2030

Holistic Understanding of Sustainability

Understanding poverty levels can provide insight into the broader social challenges a country faces, making it a crucial part of ESG (Environmental, Social, and Governance) analysis

Guiding Policy and Strategy Development

For policymakers and businesses, understanding the scope of poverty can inform the development of strategies and policies aimed at inclusive growth and social impact

Enhancing Corporate Social Responsibility (CSR)

For companies, understanding local poverty levels can inform CSR initiatives, leading to programs that address community needs effectively.

Facts and Figures

195

Total Number of Countries

72

Number of Democratic Countries

24

Number of Fully Democratic Countries

Countries with High Poverty Levels

Sub-Saharan Africa: Home to the largest number of people living in extreme poverty, with countries like Nigeria, Democratic Republic of Congo, and Tanzania featuring prominently.

South Asia: India and Bangladesh have significant portions of their population living below the poverty line, though there have been considerable efforts towards poverty alleviation.

Latin America: Nations like Honduras and Nicaragua also face high poverty rates, with rural areas being particularly affected.

Global Stats and Figures

World Bank Data: As of the latest data, nearly 10% of the world’s population lives on less than $1.90 a day, the international poverty line.

Impact of COVID-19: The pandemic has pushed an additional 97 million people into extreme poverty, reversing years of progress.

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