Globally, the number of people living in extreme poverty has fallen from 36% in 1990 to 10% in 2021. Unfortunately, the Covid pandemic, armed conflict and climate change have eroded the gains of the past few years, pushing an additional 100 million people into extreme poverty: At the global level, around 800 million people still live in extreme poverty. This means they have to live on less than $1.90 per day to fulfil their most basic needs, such as health, education or access to water and sanitation. On top of this, poverty affects women, youth and children disproportionally.
SDG 1 aims to eradicate extreme poverty for all people everywhere. Access to basic services, appropriate new technologies and financial services (e.g. microfinance) should strengthen the resilience of poor and vulnerable people, especially in developing countries. This includes, on the one hand, mobilising resources to provide adequate and predictable means to reduce vulnerability to climate-related extreme events and other economic, social and environmental disasters. On the other hand, ensuring equal rights to economic resources such as ownership and control over land, inheritance and natural resources.
As radicants we have made it our mission to channel money into those sectors of the economy that contribute to solving the major global challenges – identified by the UN’s Sustainable Development Goals (SDGs). With the help of our SDG rating methodology, we identify companies and organisations that contribute with their economic activity significantly to one or more SDG. Have a look at some of our investment solutions for SDG 1: #AccessToFinance, #CertifiedFood or #AffordableHousing and read everything you need to know about our #raditags.