Goal 1: No Poverty

Definition

Goal 1: No Poverty aims to eradicate extreme poverty in all forms everywhere by ensuring that all individuals have equal access to essential resources, opportunities, and social protection. This goal emphasizes the importance of sustainable economic growth, social inclusion, and environmental sustainability to break the cycle of poverty and ensure a decent standard of living for everyone.

5 Must Know Facts For Your Next Test

1. Around 689 million people lived in extreme poverty in 2017, defined as living on less than $1.90 a day.
2. Goal 1 includes targets such as ensuring that all men and women have equal rights to economic resources and access to basic services, as well as supporting those affected by conflict and climate-related disasters.
3. Progress toward Goal 1 has been hindered by factors like economic downturns, conflicts, and the COVID-19 pandemic, which pushed millions back into poverty.
4. Ending poverty requires multi-faceted approaches, including promoting education, providing healthcare access, and supporting job creation through sustainable practices.
5. Achieving Goal 1 not only improves individual lives but also contributes to economic stability, enhances health outcomes, and fosters social cohesion in communities.

Review Questions

• How does Goal 1: No Poverty relate to other Sustainable Development Goals?
  • Goal 1: No Poverty is interconnected with several other Sustainable Development Goals as eradicating poverty directly impacts health (Goal 3), education (Goal 4), gender equality (Goal 5), and economic growth (Goal 8). For instance, reducing poverty leads to better health outcomes as individuals gain access to medical care and nutrition. Additionally, when poverty decreases, families are more likely to invest in their children's education, thus contributing to Goal 4. Overall, achieving Goal 1 supports a holistic approach towards reaching multiple SDGs.
• Discuss the significance of social protection in achieving Goal 1: No Poverty.
  • Social protection is crucial for achieving Goal 1: No Poverty because it provides safety nets that help vulnerable populations manage risks related to unemployment, illness, or disasters. By implementing social protection systems such as cash transfers or food assistance programs, governments can help individuals maintain a basic standard of living during tough times. This support not only alleviates immediate poverty but also enables beneficiaries to invest in their futures through education or entrepreneurship, ultimately leading to sustainable development.
• Evaluate the challenges faced in meeting Goal 1: No Poverty and propose potential solutions.
  • Meeting Goal 1: No Poverty faces several challenges including economic instability, conflicts, and the impacts of climate change. These factors exacerbate existing inequalities and make it difficult for communities to escape poverty. To tackle these issues effectively, solutions could involve strengthening international cooperation to provide humanitarian aid in conflict zones, investing in green technologies that create jobs while addressing climate change, and developing inclusive policies that ensure marginalized groups have access to economic opportunities. By addressing these challenges comprehensively, we can work toward significantly reducing global poverty levels.

Related terms

Sustainable Development Goals (SDGs): A set of 17 interconnected global goals established by the United Nations to address various global challenges, including poverty, inequality, and climate change.

Social Protection: Policies and programs designed to reduce poverty and vulnerability by promoting efficient labor markets, diminishing people's exposure to risks, and enhancing their capacity to manage economic and social risks.

Economic Growth: An increase in the production of goods and services in an economy over a period of time, which is often essential for reducing poverty and improving living standards.