The World Bank unveiled its plan to end extreme poverty by 2030 recently.
The rapid progress of India, China and Brazil blazed the path towards exceeding the global Millennium Development Goal of halving poverty by 2015. Now the Bank wants to rid the world of extreme poverty forever.
Ending extreme poverty will require the acceleration of economic growth in developing countries and translating that growth into jobs while eliminating inequality, said World Bank President Jim Kim in a blogger call yesterday morning. Work must be done to mitigate the shocks caused by natural disasters and eliminate the insecurity linked to food, fuel and poverty, he added.
Linking all of these problems, for Kim, is climate change.
“Climate change is not just an environmental challenge. It’s a fundamental threat to economic development and the fight against poverty,” he said. Continue reading