Covid to push more than 200 million more humans into extreme poverty by 2030: UN

 

The study assesses the impact of different COVID-19 recovery scenarios on the Sustainable Development Goals, assessing the multidimensional effects of the pandemic over the next decade.


The United Nations:

207 million more humans are expected to be pushed into extreme poverty by 2030 due to the extreme long-term influence of the coronavirus pandemic, bringing the total number of extremely poor people globally to more than one billion, a new study from the United Nations Development Program (UNDP) found.

The discovery assesses the influence of COVID-19's distinctive cure possibilities on the Sustainable Development Goals (SDGs), assessing the multidimensional outcomes of the pandemic over the following decade.

The study is part of a long-standing partnership between UNDP and the Pardee Center for International Futures at the University of Denver.

The `` baseline COVID '' scenario, based on current death rates and the most recent growth projections from the International Monetary Fund (IMF), would result in an additional 44 million people living in extreme poverty by 2030 by compared to the development trajectory in which the world was before the pandemic.

In a `` significant damage '' scenario, where the recovery is prolonged, COVID-19 is likely to push 207 million more people into extreme poverty by 2030 and increase the female poverty rate by An additional $ 102 million from that baseline, the report says.

The `` High Damage '' scenario predicts that 80% of the COVID-induced economic crisis would persist in 10 years due to lost productivity, preventing a full resumption of the growth trajectory seen before the pandemic.

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