Poverty is the state of one who lacks a certain amount of
material possessions or money
Absolute
poverty or destitution
refers to the deprivation of basic human needs, which commonly includes
food, water, sanitation, clothing, shelter, health
care and education.
Relative
poverty is defined contextually as economic inequality in the location or society
in which people live
A
report published in 2013 by the World Bank,
with support from the Climate & Development Knowledge
Network, found that climate change was likely to hinder future
attempts to reduce poverty. The report presented the likely impacts of present
day, 2°C and 4°C warming on agricultural production, water resources, coastal
ecosystems and cities across Sub-Saharan Africa, South Asia and South East
Asia.
Poverty
reduction is a major goal and issue for many international
organizations such as the United Nations and the World Bank.
The World Bank estimated 1.29 billion people were living in absolute poverty in
2008. Of these, about 400 million people in absolute poverty lived in India and
173 million people in China. In terms of percentage of regional populations, sub-Saharan
Africa at 47% had the highest incidence rate of absolute poverty in
2008. Between 1990 and 2010, about 663 million people moved above the absolute
poverty level. Still, extreme poverty is a global challenge; it is observed in
all parts of the world, including the developed economies
Rises
in the costs of living making poor people less able to afford items. Poor
people spend a greater portion of their budgets on food than
richer people. As a result, poor households and those near the poverty
threshold can be particularly vulnerable to increases in food prices.
For example, in late 2007 increases in the price of grains
led to food riots in some
countries. The World Bank warned that 100 million people were
at risk of sinking deeper into poverty. Threats to the supply of food may also
be caused by drought and the water crisis.
Intensive farming often leads to a vicious
cycle of exhaustion of soil fertility and decline of agricultural yields.
Approximately 40% of the world's agricultural
land is seriously degraded. In Africa,
if current trends of soil degradation continue, the continent might
be able to feed just 25% of its population by 2025, according to United Nations University's Ghana-based
Institute for Natural Resources in Africa. Every year nearly 11 million
children living in poverty die before their fifth birthday. 1.02 billion people
go to bed hungry every night.
What is your say on Poverty?
Do you think it can be eradicated in Africa ?
From Wikipedia, the free encyclopedia
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