Private Sector, Civil Society Can Play Central Role In Ending Extreme Poverty
“We are closer than ever before to ending global poverty,” World Bank President Jim Yong Kim writes in a Foreign Policy opinion piece, adding, “As a result, the World Bank Group has adopted two new goals: end extreme poverty by 2030 and boost shared prosperity by maximizing income growth for the poorest 40 percent in every country.” He continues, “Two key groups can play a central role to help achieve these goals: the private sector and civil society.”
“We need the private sector to scale up investment in developing countries, to support job-creation, and strong, sustainable economic growth,” and “to start thinking about a double bottom line — the powerful possibility of both making a profit for your business and also being able to tell your children and your grandchildren that you are part of the movement to end poverty,” Kim states. “We need [non-governmental organizations (NGOs)] and civil society leaders to catalyze a global movement around ending poverty and building shared prosperity, focusing the world’s attention on the biggest challenge of our time” and “to dream beyond their individual mandates — to show us how their work is critical to the larger goal of ending extreme poverty and boosting shared prosperity,” he adds. “Together, we must rise to the occasion and create a groundswell of momentum toward the world we all want — one free of extreme poverty, with shared prosperity for all,” Kim concludes (6/26).
The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.