May 08th 2024

SDG Goal 1: No poverty

Company SDG

SDG Goal 1: No poverty of the United Nations is aimed at “ending poverty in all its forms everywhere”. This goal is fundamental as poverty is seen as one of the biggest global problems.

Eradication of extreme poverty

Eradicating extreme poverty is one of the most fundamental and urgent goals within the global development agenda. Extreme poverty is often defined as living on less than 1.90 US dollars a day, a threshold set by the World Bank to measure the minimum conditions for survival. Achieving this goal requires a variety of approaches, including promoting economic growth, expanding social safety nets and providing access to basic services such as education and healthcare. In addition, increasing agricultural productivity, expanding infrastructure and a fair distribution of resources are crucial. Global partnerships and good governance are also essential to effectively address the complex challenges of poverty and promote sustainable solutions. These efforts must be coordinated at local, national and international levels in order to sustainably improve the living conditions of the world’s most disadvantaged people. Unfortunately, the COVID-19 pandemic has severely hampered global efforts to combat extreme poverty and in many cases even set them back by years.

Expanding social safety nets

Expanding social safety nets is crucial to protect the most vulnerable in society and combat extreme poverty. Social safety nets include measures such as unemployment benefits, pensions, child allowances and health benefits, which serve to protect individuals and families in times of economic uncertainty or personal hardship. Strengthening these systems not only reduces the risk of poverty and social exclusion, but also increases societal resilience to economic shocks. To achieve this, it is important that governments invest in the relevant infrastructure, tailor programs to need and ensure access to these services for all citizens. The expansion and effective management of social safety nets are therefore central pillars of an inclusive and sustainable development strategy.

Ensuring access to basic services

Access to basic services such as education, healthcare, clean water and sanitation is fundamental to combating poverty and promoting sustainable development. These basic services are crucial to improving the quality of life and enabling social and economic opportunities for all. Governments and organizations must work together to ensure that these essential services are widely available and affordable, especially in underserved and rural areas. Universal access to such services not only promotes equality, but also strengthens individual and collective resilience to challenges such as disease, economic volatility and environmental change.

Increasing agricultural productivity

Increasing agricultural productivity is critical to improving food security and increasing the incomes of smallholder farmers and farming communities. By using improved farming techniques, access to high quality seeds, fertilizers and modern technologies, farmers can increase their yields and improve their resource efficiency. In addition, the provision of training and access to markets is important to ensure that agricultural products can be marketed and sold effectively. These measures help to sustainably increase agricultural productivity and thus not only improve the standard of living of farmers, but also contribute to the global fight against poverty.

Improving infrastructure

Improving infrastructure is a key element in promoting economic development and improving the quality of life. Investments in roads, bridges, transportation, energy supply and communication technologies make it possible to better connect remote regions, facilitate trade and provide access to essential services. By developing robust infrastructure, communities can operate more efficiently, access health services more quickly and improve their educational opportunities. Well-developed infrastructure is therefore fundamental to supporting sustainable growth and promoting socio-economic inclusion for all sections of the population.

Fair distribution of resources

A fair distribution of resources is crucial to reduce inequalities and offer fair development opportunities to all people. This includes equal access to land, capital, education and technology. Through fair distribution mechanisms, disadvantaged and marginalized groups can also participate in economic growth and improve their living conditions. Governments and organizations must develop policies and programs that distribute resources effectively and equitably in order to promote social justice and support sustainable development. The equitable distribution of resources is a key building block in laying the foundations for a stable and prosperous society.

Strengthening global partnerships

Strengthening global partnerships is essential to effectively address common challenges such as poverty, climate change and inequality. International cooperation between states, the private sector, civil society organizations and international institutions enables the exchange of knowledge, technologies and resources. These partnerships promote multilateral dialog and support the implementation of sustainable development goals (SDGs). Through coordinated efforts and joint investments, global partnerships can develop and implement innovative solutions that contribute to long-term progress and global stability.

Good governance and peacebuilding

Good governance and peacebuilding are crucial for sustainable development and poverty reduction. Transparent, accountable and inclusive governments are able to effectively address the needs of their citizens, minimize corruption and build public trust. Peacebuilding plays a central role, as conflicts often lead to economic destabilization and humanitarian crises. By promoting the rule of law, protecting human rights and supporting conflict resolution mechanisms, countries can create a stable basis for economic growth and social welfare. These elements are essential to promote a just and peaceful society in which all people can realize their full potential.

Achieving this goal by 2030 is virtually impossible. All the wars in particular are playing a major role in the progress that has already been made, thus undermining it. It is still up to us to do our best to work towards these goals, even if there is little political progress at the moment. It is important that we try to achieve these goals ourselves, even if others do not.