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How to reduce poverty in the world

To “End poverty in all its manifestations worldwide.” is no easy task, but it’s also not impossible. There are certain major poverty remedies that are critical to making this aim a reality. To donate to non-profit organizations is one way but here are 8 more. 

Let’s have look at some facts first- 

How many people are impoverished across the world?

According to the World Bank, 9.2 percent of the world’s population, or 689 million people, live in extreme poverty on less than $1.90 a day.

As of 2019, 10.5 percent of the population – 34 million individuals — in the United States are poor. The poverty line in the United States is $12,880 per year or roughly $35.28 per day.

These figures are derived from a person’s income and capacity to satisfy basic necessities. However, when considering beyond money to those enduring deprivation in health, education, and living conditions. The United Nations Development Programme estimates that 1.3 billion people in 107 developing countries are multidimensionally poor according to a 2020 assessment.

How can poverty be reduced 

  • Develop and execute policies and programs 

For quick and sustainable economic growth in sectors such as health, and sanitation, allowing the poor to participate and contribute to growth. According to studies, a 10% rise in a country’s average income decreases poverty by 20-30%.

  • Enhance  and increase water and other natural resource management. The majority of the rural poor rely on agriculture or other natural resources for a living. As a result, they require more fair access to such resources in order to properly manage their livelihood.
  • Building Reliability- Poverty is most probable when there is a high level of marginalization and risk — with the risk being its own mix of a person’s or group’s level of susceptibility and the risks they confront. To make up the difference, we must make sure that the most helpless people and communities can build resilience. Through precautionary psychoeducational support during an epidemic, recovery and resilience intervention strategies in the face of climate disasters, and accommodation resources for refugees and IDPs.
  • Improve Education Access- According to UNESCO, if all pupils in low-income countries possessed only basic reading abilities (and nothing else), an estimated 171 million people would be able to overcome extreme poverty. We could lower the global poverty rate in half if all adults finished secondary school. Education improves skills and talents, corrects some of the imbalances caused by marginalization, and reduces risk and susceptibility.
  • Improving Food Safety And Access To Clean Water- Simply by eating three meals a day and obtaining a sufficient number of calories and nutrients can help to break the cycle of poverty. When a person does not eat enough, he or she lacks the energy and strength required to work. Water contamination can cause serious ailments. Feed the hungry organizations are one of the solutions. Furthermore, improving access to clean water can save time for those who live in rural areas (typically women and girls). According to current estimates, women and girls spend 200 million hours every day going considerable distances to gather water.
  • Economic safety- Economic security implies that people have the skills and resilience required to weather difficult economic times and improve their wages. Plan International aims to end poverty by assisting communities throughout the world in gaining the economic stability. This involves training individuals living in poverty in the skills and knowledge required to establish a livelihood and support their families.
  • Participation of children- Child engagement entails putting children at the centre of everything we do. There are organizations that teach children about their rights and encourage them to take active roles in their communities. Child involvement encourages children to participate in citizenship by allowing them to voice their opinions. Make decisions that will shape their future and impact those around them. Even you as an individual can donate to Catholic donation centers to contribute your share in the move to reduce poverty.
  • Access to technology and innovation, such as internet access and economic energy, should be made available. For instance, only 40% of the rural poor in Bangladesh have access to grid power. The Second Rural Electrification and Renewable Energy Development Project aims to expand rural access to power using renewable energy sources. The increase in such projects could help reduce poverty across the world.

You can also assist in ending poverty

Although eradicating poverty will be difficult, providing access to the basics listed above. The critical in assisting children, families, and entire communities to rise out of poverty.

You may also assist by donating to our efforts at Catholic Connect Foundation it will help impoverished the needy throughout the world.

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