There are over 830 million people around the world living in extreme poverty today, but who are they, and what do we know about their daily lives? A deeper understanding of the characteristics of people and households living in extreme poverty can help us design more effective policies. To gain those insights, we need key data.
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Evidence from India, Niger, and Zambia shows lasting income gains and strong returns from economic inclusion programs— generating up to $3.8 in benefits for every $1 invested within 10 years.
Now more than ever, people need better access to jobs. In emerging markets, 1.2 billion young people will reach working age over the next decade—yet only 420 million jobs are projected to be created. That leaves hundreds of millions, many of them from poor and vulnerable communities, without a clear pathway to a stable income, dignity, and opportunity.
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More than just a source of income, jobs provide dignity and purpose. Giving people the means to support themselves and their families can help lift entire communities out of poverty and foster economic stability.
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For 35 years, the World Bank Group has measured global poverty to track progress toward eradicating what is considered the most severe deprivation of basic human needs—extreme poverty. This goal is at the very heart of our organization’s mission.
Continue readingThe World Bank Group has set a clear mission: ending poverty and boosting shared prosperity on a livable planet. This episode of Expert Answers explores the Poverty, Prosperity and Planet report which offers the first post-pandemic assessment of global progress toward these interlinked goals and how to move forward. Join Luis Felipe Lopez-Calva, Global Director for Poverty and Equity on Expert Answers to find out more.
As the world grapples with complex global concerns like poverty, inequality, and climate change,
it’s the poorest communities that are often hardest hit and the most challenging to support.
To address these pressing issues, the World Bank Group has set ambitious goals to provide social protection measures to at least 500 million people by 2030, including 250 million women.
The World Bank Group has set a clear mission: ending poverty and boosting shared 
prosperity on a livable planet. This report offers the first post-pandemic assessment of global progress toward these interlinked goals, and explores potential pathways out of today’s polycrisis – an environment where multiple and interconnected challenges are impacting the world simultaneously. The report’s messages are presented around progress in terms of the goals, pathways to move forward, and priorities depending on where countries stand on the interlinked goals.
WASHINGTON, Sept 26 (Reuters) – Reforming the World Bank’s approach to risk could unlock nearly $190 billion in additional urgently needed lending for developing countries without jeopardizing its AAA credit rating, a study commissioned by the Rockefeller Foundation found.
Global Trends in Child Monetary Poverty According to International Poverty Lines, published
jointly by the World Bank and UNICEF, presents estimated trends in child poverty from 2013 to 2022, based on three international poverty lines: $2.15 (extreme poverty), $3.65 (lower middle income), and $6.85 (upper middle income). The estimates show that:
Today marks International Day of Education. It is a day to mobilize political ambition, actions,
and solutions to recover learning losses due to the pandemic, while recognizing that even before the pandemic, we lived in a learning crisis.
Netherlands for the World Bank 
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