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UN warns that pandemic could leave millions in extreme poverty by 2030

A new study by the United Nations Development Program (UNDP) analyzes the possible longer-term effects of the current crisis and its impact on international development goals

| 03/12/2020 | ionicons-v5-c12: 02 | . |

United Nations.- The effects of pandemic of the coronavirus can push 207 million people to the extreme poverty for 2030, bringing the world total to over 1 billion, according to a new study by the United Nations Development Program (UNDP).

The report, published this Wednesday coinciding with an extraordinary meeting on the covid-19 in the General Assembly of the UN, analyzes the possible longer-term effects of the current crisis and its impact on international development goals.

Those 207 million additional people living in extreme poverty would occur in a scenario defined as « High damage », in which the recovery is delayed and up to 80% of the economic crisis persists for the next decade.

The baseline scenario, designed according to the most recent growth projections of the International Monetary Fund (IMF), would put 44 million more people in extreme poverty in 2030 compared to the development trajectory the world was on before the pandemic.

The UNDP He points out at the same time that with the necessary investment in social programs and areas such as digitization and the green economy, the world could not only avoid these increases, but also reduce poverty forecasts.

In that scenario, the agency of the UN believes that 146 million people could be removed from extreme poverty, even taking into account the effects of coronavirus.

The eradication of extreme poverty is one of the central goals for 2030 included in the Sustainable Development Goals agreed by all the countries of United Nations.

« As this new research on poverty highlights, the pandemic of the covid-19 It is a turning point and the decisions that leaders make now can take the world in very different directions, « said the administrator of the UNDP, Achim Steiner.

« We have the opportunity to invest in a decade of action that not only helps people recover from covid-19, but readjust the trajectory of development of people and the planet towards a more just, resilient and sustainable future, « he added.

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