If you believe the World Bank, UN and pretty much every major institution, extreme poverty will disappear by 2030. Poverty was halved between 1990 and 2010. Roughly one billion people live in extreme poverty today. Estimates from the Economist put the world on the path to getting close, but not completely eliminating poverty by 2030. The rate will be 3% or 200 million people by 2030, based on current trends.
Tom Murphy is a New Hampshire-based reporter for Humanosphere. Before joining Humanosphere, Tom founded and edited the aid blog A View From the Cave. His work has appeared in Foreign Policy, the Huffington Post, the Guardian, GlobalPost and Christian Science Monitor. He tweets at @viewfromthecave. Contact him at tmurphy[at]humanosphere.org.