The 1st Sustainable Development Goal (SDG1) aims at eradicating extreme poverty in the world by 2030.
Today, 10% of the world’s population (about 730 million people) live on less than $1.90/day. This is a record low but without significant collective action, estimations show that about 480 million people – of which 167 million children – will remain in extreme poverty by 2030, 87% of the world’s poorest will be living in the least developed countries, and 80% in fragile contexts.
Poverty is a multidimensional problem that requires a cross-sectoral approach, which is why our actions under all SDGs converge to the same overall goal to end poverty in all its forms everywhere – SDG1. Health, food and nutrition, education, social protection, gender equality etc. – only combined efforts in all of these sectors can help us sustainably eradicate poverty in the world.
To achieve SDG1, we focus our development cooperation on helping the poorest and most vulnerable categories of people, in the least developed, conflict-affected, and most fragile countries of the world. We also focus in priority on Sub-Saharan Africa, a particularly poor and instable region of the world. In line with the UN 2030 Agenda for Sustainable Development and the European Consensus on Development, we aim at leaving no one behind.
Fighting against poverty also requires us to help our partner countries’ build their resilience to shocks, like conflicts and natural disasters. To achieve this, humanitarian aid, civil protection, and development actors need to better cooperate. Fighting against poverty also means supporting our partner countries’ efforts for peace and security, democratic transition, and actions to mitigate the effects of climate change.
The EU is committed to allocating at least 20% of its official development assistance (ODA) to social inclusion and human development.