The 2022 MPI ReportĀ finds that reducing poverty at scale is possible and unveils new 'poverty profiles' that can offer a breakthrough in development efforts to tackle the interlinked aspects of poverty.
The report identifies a series of 'deprivation bundles' -- recurring patterns of poverty -- that commonly impact those who live in multidimensional poverty across the world. The data are used to identify the poverty profiles that are more common in certain places. This is a crucial step in designing strategies that address multiple aspects of poverty at the same time.
Even before the COVID-19 pandemic and the current cost-of-living crisis are accounted for, the data shows that 1.2 billion people in 111 developing countries live in acute multidimensional poverty. This is nearly double the number who are seen as poor when poverty is defined as living on less than $1.90 per day.
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20 Oct 2022
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