Children are more likely than adults to live in poverty. They are more susceptible to its effects as well.
The globe has advanced development in recent years with impressive steps. Nevertheless, more than 700 million people continue to live in abject poverty.
Children suffer disproportionately. They constitute half of the people who struggle to exist on less than $1.90 a day despite making up one third of the world’s population.
Many times, children who grow up in poverty lack the nutrition, hygiene, housing, medical care, and education they require to survive and thrive.
Around 1 billion children worldwide are living in multidimensional poverty, which means they lack even the most basic necessities like clean water and food.
The repercussions are severe. The likelihood of childhood death is twice as high for the world’s poorest children as it is for their wealthier classmates.
Risks of hardship and marginalisation increase for those raised amid humanitarian situations.
One in seven children still live in poverty, even in the wealthiest nations on earth. In the European Union today, one in four kids is at danger of living in poverty.
Children who grow up in poverty experience low living standards, lack of workforce readiness skills development, and lower adult wages regardless of where they live.
Nonetheless, a very small percentage of governments have made ending child poverty a top priority. Such as Costa Rica has child poverty of 27.4% as compared to Turkey which has 22.4% while Mexico has lowest number of all 19.9%.
Child poverty is neither inescapable nor impervious to interventions. Through continued attention and action, it can be decreased and even eradicated. As many nations have already demonstrated.
In order to create a society in which all children have all they need to survive, develop, and realise their potential. The SDGs call for multidimensional child poverty. A measure of poverty that goes beyond income, to be cut in half by 2030.
In order to assist nations measure and solve child poverty in all of its manifestations, UNICEF mobilises players at the national, regional, and international levels.
Subsequently, with the assistance of partners and Governments, work is done on integrated policies and programmes. That are supported by the necessary funding to put them into action.