Global Scans · No Poverty · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 1: End poverty in all its forms everywhere.

• [New] Moving the current average global efficiency rate of coal-fired power plants from 37.5% to 47.5% by deploying more advanced technology could cut 2 gigatons of CO2 emissions while allowing affordable energy for economic development and poverty reduction. Society for Mining, Metallurgy & Exploration
• [New] Over 2.5 billion people are projected to be added to urban populations by 2050, primarily in Asia and Africa, where infrastructure and long commutes amplify time poverty. Market Data Forecast
• [New] In the U.S. alone, a modest wealth tax on multimillionaires and billionaires - at a rate of 1% for fortunes $10 million, 3% for fortunes $100 million, and 5% for fortunes $100 billion - could raise an estimated $414 billion to invest in social programs and fighting poverty. Digital Rhetoric Collaborative
• [New] With stronger growth, extreme poverty is projected to fall by about 440,000 people by 2027, to 45.6%. World Bank Group
• [New] In terms of poverty, it is estimated to have declined to 30.1% in 2025 (USD8.30 per day line), with projections indicating a continued decrease to 28.1% by 2028. World Bank Group
• [New] More than 1.6 billion people are at poverty risk, owing to out-of-pocket expenditure. Research Nester
• [New] Cameroon has reached its self-imposed 2026 deadline to halve violence against women and is approaching a second target set out in its national development plan to reduce poverty by 2030, yet progress remains limited. Human Rights Watch
• By 2030, climate-related disasters could push more than 100 million people into poverty in the Global South. BRICS Chain
• Rising fuel prices could push up to 2.4 million more Kenyans into poverty. Africanews
• Globally, MCIs are on the rise due to rapid population and industrial growth, poor infrastructure, poverty, social disruption and climate crises. medRxiv

Last updated: 09 August 2026