What is the goal of SDG 1: No Poverty?

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What is the goal of SDG 1: No Poverty?

The goal of SDG 1: No Poverty is to eradicate extreme poverty and reduce all forms of poverty in all countries. The United Nations recognizes that poverty is a complex issue that goes beyond just the lack of income or resources. It encompasses various dimensions such as lack of access to basic services, education, healthcare, clean water, sanitation, and social protection.

The primary objective of SDG 1 is to ensure that all individuals, regardless of their background or location, have access to basic necessities and can live a life free from poverty. This includes addressing the root causes of poverty, such as inequality, discrimination, and lack of opportunities.

To achieve this goal, several targets have been set under SDG 1. These targets include:

1.1: By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.90 a day.
1.2: By 2030, reduce at least by half the proportion of men, women, and children of all ages living in poverty in all its dimensions according to national definitions.
1.3: Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable.
1.4: By 2030, ensure that all men and women, in particular, the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership, and control over land and other forms of property, inheritance, natural resources, appropriate new technology, and financial services, including microfinance.
1.5: By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social, and environmental shocks and disasters.
1.a: Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, to provide adequate and predictable means for developing countries, in particular, least developed countries, to implement programs and policies to end poverty in all its dimensions.
1.b: Create sound policy frameworks at the national, regional, and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actions.

To achieve SDG 1, it is crucial to address the structural causes of poverty, promote inclusive economic growth, provide social protection systems, ensure equal access to resources and opportunities, and strengthen resilience to external shocks. This goal is interconnected with other SDGs, as poverty reduction is essential for achieving sustainable development in all its dimensions.