- The 2022 MPI Report finds that reducing poverty at scale is possible and unveils new ‘poverty profiles’ that can offer a breakthrough in development efforts to tackle the interlinked aspects of poverty.
- The report identifies a series of ‘deprivation bundles’ -recurring patterns of poverty -that commonly impact those who live in multidimensional poverty across the world.
- The data are used to identify the poverty profiles that are more common in certain places. This is a crucial step in designing strategies that address multiple aspects of poverty at the same time.
- 1.2 billion people are multidimensionally poor. Nearly half of them live in severe poverty. Half of poor people (593 million) are children under age 18. The number of poor people is highest in Sub Saharan Africa (579 million), followed by South Asia (385 million). The two regions together are home to 83% of poor people.
- According to the report the Covid-19 pandemic could set back the progress made in poverty reduction globally by 3-10 years. The most recent data on food security from the World Food Programme suggest that the number of people living in food crises or worse increased to 193 million in 2021.