COVID-19 Pandemic Could Push Additional 207M People Into Poverty Over Next 10 Years, U.N. Analysis Shows
Miami Herald: COVID-19 could lead to over 1 billion in extreme poverty by 2030, new U.N. study finds
“The global coronavirus pandemic could push the number of people living in extreme poverty to more than a billion by 2030, a new United Nations study released Thursday says. With new infections and the socioeconomic effects of the virus accelerating, an additional 207 million people could find themselves in extreme poverty over the next 10 years in a worst-case scenario of COVID-19’s long-term effect. The study by the United Nations Development Program was done in conjunction with the Pardee Center for International Futures at the University of Denver. It maps out three scenarios, all of which have tens of millions of people pushed further into poverty as a result of the pandemic that has resulted in lockdowns, end of employment, and economic hardship worldwide…” (Charles, 12/3).