Fast Facts: Poverty Reduction

Updated 28 Jan 2013

Document Summary

Despite progress achieved since the endorsement of the
Millennium Development Goals (MDGs) by world leaders at
the UN in September 2000, human poverty still remains
widespread in certain parts of the world. Globally, the
number of extreme poor has dropped by 650 million in the
last three decades, a level of progress humankind had never
seen. But still there are more than a billion people living in
extreme poverty. In the midst of globalized progress and
development, human deprivations are still wide spread.


In this context, poverty reduction is the overarching goal and at the core of UNDP’s work to support transformational change which brings about real improvements in people’s lives. As a trusted multilateral partner serving 177 developing countries and territories around the world, UNDP is uniquely positioned to help advocate for change, connect countries to the knowledge and resources they need, and coordinate the efforts of the UN at the country level. UNDP invests nearly US$1 billion every year in fighting poverty and advancing progress towards the MDGs.