UNGA 2019 breakfast event: financing the end of extreme poverty

25 September 2019 08:00 - 09:30 EDT
Side event

Welcome remarks

Ambassador David Donoghue – Distinguished Fellow, ODI

 

Chair 

Elissa Golberg – Assistant Deputy Minister, Strategic Policy at Global Affairs Canada 

 

Speakers

Susanna Moorehead @DACchairOECD – Chair of the OECD’s Development Assistance Committee (DAC)

Jesse Griffiths @JesseLGriffiths – Head of Development, Strategy and Finance, ODI

Amy Dodd @amydodd80 – Head of Engagement, Development Initiatives (DI)

 

Closing remarks

Sara Pantuliano @SaraPantuliano – Acting Executive Director, ODI

 

Description

In the last 25 years, the world has managed to halve the number of people living in extreme poverty. Despite this progress there are still hundreds of millions of people living in extreme poverty today. In 2015, leaders of all countries committed to eradicate extreme poverty everywhere by 2030, the first of the SDGs.

Ahead of the UN SDG Summit and High Level Meeting on Financing for Development in New York, we launch our updated research on how the world can finance the end of extreme poverty.

Our analysis reveals that, despite commitments to the SDGs, some 430 million are projected to remain at risk of living in extreme poverty by 2030. This is 30 million more people in poverty compared to last year’s assessment, and means the world is significantly off track to achieve the SDGs.

This closed-door, high-level breakfast event explores the latest evidence and analysis, which includes updated poverty projections to 2030, calculations on individual countries’ financing gap and a detailed assessment of donor aid spending to inform policy development. The discussion also explores the actions needed to deliver, and particularly finance, the ambition to end extreme poverty.