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Millennium Development Goal 1: Eradicating extreme poverty and hunger
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By Stephanie Jackson Ali In a recent post, Foundation Beyond Belief notified members that we would be incorporating the Millennium Development Goals into our charity vetting process. In order to better help our members to get acquainted with these goals, we are rolling out a monthly explanation of the goals, the progress made thus far toward their achievement, and what we, as a global community, have left to achieve in the remaining three years of the plan. Read more about the background of the Millennium Development Goals here. Unless otherwise noted, all information below comes directly from the United Nations. 1A: Halve, between 1990 and 2015, the proportion of people whose income is less than $1 a day The work to achieve this goal was rolled out immediately, as The World Bank, International Monetary Fund, and African Development Bank were provided funds by G8 countries to cancel out debt of Heavily Indebted Poor Countries in order to help them focus on development efforts. Efforts to reduce poverty and hunger have focused on a wide variety of programs, from investment in local agriculture and job creation to support of other MDGs such as universal education and child and maternal health. The focus of these programs, when done well, is on sustainable change, not direct aid, in order to build a future of success for these countries and their people. The World Bank has been a very active partner in achieving this goal, including $89 billion in support to low- and middle-income countries from July 2008 to January 2010. The chart to the left shows the decline in extreme poverty rates worldwide since 1980. While the recent global food and economic crises have considerably slowed progress, with less than two years to go, the world is on track to meet this first goal. In a 25-year period, the poverty rate in East Asia fell from almost 60 percent to less than 20 percent. However, the rate declined only slightly in sub-Saharan Africa in that time, from 58 to 51 percent. If the world continues its current rate, by 2015, roughly 920 million people would still be living under the international poverty line of $1.25/day.
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