Yes, microlending reduces extreme poverty

A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That's one conclusion of my study, published last month in The B.E. Journal of Macroeconomics, which found ...

How COVID-19 put poverty reduction back on the agenda

Lower income people bore the brunt of the economic repercussions of the COVID-19 pandemic. As a result, efforts to reduce poverty were adopted in Canada and the United States. But how did partisan politics shape each government's ...

COVID-19 to push a half-billion people into poverty

The economic fallout from the coronavirus pandemic could increase global poverty by as much as half a billion people or eight percent of the world's population—according to new research.

World faces 'climate apartheid': UN expert

The world faces "a climate apartheid" where the wealthy are better able to adjust to a hotter planet while the poor suffer the worst from climate change, a UN expert said Monday.

ADB: Climate change makes poor poorer in Asia-Pacific

Climate change has been making the poor in the Asia-Pacific region even poorer and is also setting back efforts to haul them out of poverty, the Asian Development Bank said in a report Wednesday.

Warming report sees violent, sicker, poorer future (Update)

Starvation, poverty, flooding, heat waves, droughts, war and disease already lead to human tragedies. They're likely to worsen as the world warms from man-made climate change, a leaked draft of an international scientific ...

Despite growth reports, Africa mired in poverty

Despite continued reports of economic growth in Africa, much of the continent remains wracked by poverty, with roughly one in five citizens saying they frequently lack food, clean water and medical care, according to the ...

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