Learning from Cash Plus: A Summary of Evidence

This paper aims to provide an evidence base for what works best in terms of cash plus programmes, referring to approaches that combine cash transfers with additional inputs, interventions and support to amplify the effects of the transfers. As a desk-based review, it draws on secondary literature, including existing studies and evaluations. The paper identifies different potential cash plus combinations and delivery models, emphasising that cash plus and graduation are not directly interchangeable. The paper then presents and discusses existing evidence of cash plus approaches and impacts across a range of sectors: nutrition, health, women’s empowerment, livelihoods and assets. Drawing on the evidence base and wider literature, the paper identifies key lessons for countries adopting or expanding cash plus programmes, focusing on policy-level factors, basic building blocks and programme-level factors, and supply-side factors.

Written by Kate Pruce, Roz Price and Rachel Sabates-Wheeler

Click here to read the full report

Rural Pathways out of Poverty in Zambia

Poverty rates are high in Zambia, with the incidence of poverty having increased from 54.4 per cent in 2015 to 60.0 per cent in 2022 (ZamStats 2023). This overall trend hides variations according to area of residence and socio-demographic characteristics. For example, poverty is largely a rural rather than an urban phenomenon, with the incidence of poverty in rural areas estimated at 78.8 per cent compared with 31.9 per cent for urban areas as of 2022 (ibid.). Poverty is also more prevalent among female-headed households (83.4 per cent) compared with male-headed households (77.3 per cent). Comparisons between 2015 and 2022 shows that the proportionate increase in poverty rates was higher among female-headed households (4.5 per cent) compared with male-headed households (0.7 per cent). Poverty in Zambia is also associated with the livelihood strategies that households pursue. For instance, poverty is highest among those employed in the agriculture, forestry and fishing sectors, increasing from 63.9 per cent in 2015 to 64.7 per cent in 2022 (ibid.).

This working paper aims to synthesise evidence on pathways out of rural poverty for the Government of Zambia and other stakeholders. It uses mixed-methods evidence on rural poverty graduation pathways in Zambia, categorising these pathways into three groups: (1) chronically and extremely poor people escaping poverty, (2) moderately poor people escaping poverty, and (3) vulnerable non-poor people maintaining their escape from poverty. This report uses recent quantitative data from 2015 to early 2022, capturing the Covid-19 pandemic’s impact on mobility. The life history qualitative analysis extends this further through to November 2023, incorporating the effects of inflation, and the new administration’s social protection and promotion policies. Thus, we can more effectively cover the role of social protection and exit ramps for those receiving social cash transfers (SCTs) while taking into account the most recent impact of climate change on these rural pathways out of poverty.

Written by Lucia da Corta and Richard Bwalya

Click here to read the full report

Let's go double dipping! Supporting Growth from Below through Cash+

In Zambia, economic growth is primarily driven by large-scale, formal investments in sectors such as minerals, tourism, and services. However, these sectors employ relatively few people and have a limited impact on overall poverty reduction due to weak economic multipliers.

Consequently, Zambia needs complementary efforts focused on “Growth from Below”, small- scale, informal investments at the household level to effectively reduce poverty, particularly in an economy characterised by high inequality and a heavy reliance on minerals. According to the World Bank (2025), Zambia’s economic growth has a minimal effect on poverty alleviation, meaning that even substantial economic growth results in only modest reductions in poverty levels. While governments typically prioritise large-scale investments, a balanced approach that promotes both Growth from Above (GfA) and Growth from Below (GfB) is essential for inclusive and sustainable poverty reduction.

Furthermore, although the minerals sector is economically significant, it inadequately contributes to government revenues due to externalization of financial flows and opaque financial practices on which significant Zambian institutional capacity has been built (Inter-governmental Forum, 2025). Mineral companies are sometimes able to negotiate special agreements with the Ministry of Finance and Planning to minimise or evade taxes and royalties, as in the recent dropping of a 15% export tax. Addressing these transparency and taxation issues, which have long been a concern for the Zambia Revenue Authority (ZRA), is crucial to ensure that revenues from mineral wealth are effectively directed towards supporting broader economic initiatives that can genuinely benefit all Zambians.

Written by Andrew Shepherd

Read the full policy brief here

Political Economy Analysis of Pro-poor Policies in Zambia

In 2024, Zambia experienced the driest agricultural season in over 40 years, with significant crop losses, increased livestock deaths and, consequently, worsening poverty. Over 9 million people in 84 out of 116 districts were affected. Rising inflation impeded access to food for vulnerable households Being dependent on hydropower, the drought resulted in an enormous power deficit. In 2024 and early 2025 Zambia experienced power cuts of 21 hours a day, disproportionately affecting small and medium-sized enterprises that cannot afford solar power or generators.

A debt crisis has exacerbated these climate-related challenges. Zambian debt peaked at 140 per cent of gross domestic product (GDP) in 2020. Along with Covid-19, debt service pressures resulted in Zambia becoming the first African country to default on its external debt service obligations in November 2020, missing a US$42.5 million interest payment on a Eurobond. In addition, Zambia has been hit by three droughts in the past decade. Due to the deaths of two presidents in office (in 2008 and 2014), Zambia has also seen high levels of political turnover, which has impacted policy consistency.

The multiple crises Zambia has faced have had political repercussions, as economic decline has created discontent. The economic effects of crises have further strained the kwacha and resulted in increased inflationary pressures.2 Zambia is under an International Monetary Fund (IMF) programme that has strict benchmarks when it comes to subsidies for fuel, electricity and fertiliser. This programme ends in August 2025, opening various policy options, though it will lack the fiscal space which gave President Levy Mwanawasa’s free reign after the completion point of the Heavily Indebted Poor Countries initiative in 2006. The forthcoming elections in August 2026 will be tightly contested; if the opposition can unite behind one candidate, it will also influence policy decisions.

Within this context, this working paper discusses the following questions: How can poverty reduction experience a step change in Zambia? What are the political and economic conditions? And what can research tell the competing political parties and how best to achieve change The paper will briefly focus on the anti-poverty measures undertaken by the ruling Patriotic Front (PF) government (2011–21), which started as a leftist movement, before zooming into the current United Party for National Development (UPND) regime, which is more liberal in outlook. It then focuses on the political economy of current pro-poor programming. The paper is based on a literature review, unpublished reports, and interviews and interactions with relevant stakeholders (government officials, civil society organisations, think tanks and analysts).

Written by Marja Hinfelaar, SAIPAR

Click here to read the full report

Financial Inclusion and CSA Adoption - Enhancing the Resilience of Smallholder Farmers to Climate Change in Zambia

Financial inclusion is essential to empower smallholder farmers in Zambia, particularly women, enabling them to adopt climate-smart agriculture (CSA) practices and build resilience against climate variability. However, access to financial services, such as credit, savings and insurance is limited, impeding farmers’ ability to invest in CSA practices that require significant upfront costs and risk management. This paper explores the challenges and opportunities in promoting financial inclusion for smallholder farmers in Zambia, emphasising the importance of tailored financial tools to address the unique needs of rural communities, especially the most vulnerable groups.

Written by Arthur Moonga, Andrew Shepherd and Lucia da Corta

Click here to read the full report

Evidence From Cash Plus Programmes: Lessons for Zambia

Social protection strategies, and cash transfer programmes in particular, have been on the rise globally since the early 2000s. By 2019, 35 African countries had adopted a national social protection policy or strategy. Cash plus approaches (including graduation programmes) addressing a wider range of socioeconomic outcomes emerged more recently and have expanded quickly. The Zambian government approved a cash plus approach in 2022, and a range of cash plus interventions are already being implemented. Exploring cash plus experiences and evidence from other countries is key to informing programme development, with a focus on what we can learn from these contexts that is relevant for Zambia. This includes ‘what works’ in terms of different combinations of cash plus components as well as how to deliver through national and local governance structures.

Written by Roz Price, Kate Pruce and Rachel Sabates-Wheeler

Click here to read the full report

The Politics of Cash Plus in Zambia

Social protection is now well-established on the policy agenda in Zambia, including various cash plus initiatives and social protection responses to shocks, such as the recent drought. This paper considers lessons from the success story of expanding social cash transfers in Zambia and applies these to the country’s current social protection context. Using a 3I(R) approach to political economy analysis, which focuses on institutions, interests, ideas and resources, the paper proposes a series of conclusions and recommendations drawn from this analysis. These include the value of consistency and persistence in promoting a policy idea, ideally through a strong policy coalition; the importance of connecting policy and political constituencies; the role of political motivation and suggestions for alignment with government ideas and priorities. There is currently political momentum for cash plus, as well as a growing evidence base both globally and within Zambia, which now needs to be translated into financial commitment. Establishing a more comprehensive suite of social protection programmes for households with and without labour capacity can contribute to upward mobility out of poverty and building resilience to future shocks in Zambia.

Written by Kate Pruce

Click here to read the full report

Dimensions of Urban Poverty in Zambia: Insights, Challenges and Policy Directions

This study, conducted between May and July 2024, provides empirical evidence on urban poverty among men and women in Lusaka and Ndola. Using a qualitative case study approach, it engaged diverse stakeholders – including informal sector workers, local government officials, district social welfare officers, and civil society representatives – to offer a comprehensive understanding of urban poverty and inform policy recommendations. Data was collected through focus group discussions and key informant interviews, ensuring a multi-stakeholder perspective on the lived realities and structural drivers of urban poverty. 

Despite Zambia’s resource wealth and its status as one of Africa’s most urbanised nations, urban poverty is widespread. With 40 per cent of Zambia’s 19.6 million people residing in cities, poverty affects 31.9 per cent of urban dwellers – an increase from 23.4 per cent in 2015. This trend underscores the urgent need for targeted antipoverty strategies. While many individuals display resilience, they face persistent challenges such as income instability, food insecurity, inadequate health care, limited educational opportunities and poor housing conditions, all of which undermine their wellbeing and economic agency. 

Authored by Cleopas Gabriel Sambo

Click here to read the full report

Rural Pathways out of Poverty in Zambia

Poverty rates are high in Zambia, with the incidence of poverty having increased from 54.4 per cent in 2015 to 60.0 per cent in 2022 (ZamStats 2023). This overall trend hides variations according to area of residence and socio-demographic characteristics. For example, poverty is largely a rural rather than an urban phenomenon, with the incidence of poverty in rural areas estimated at 78.8 per cent compared with 31.9 per cent for urban areas as of 2022 (ibid.). Poverty is also more prevalent among female-headed households (83.4 per cent) compared with male-headed households (77.3 per cent). Comparisons between 2015 and 2022 shows that the proportionate increase in poverty rates was higher among female-headed households (4.5 per cent) compared with male-headed households (0.7 per cent). Poverty in Zambia is also associated with the livelihood strategies that households pursue. For instance, poverty is highest among those employed in the agriculture, forestry and fishing sectors, increasing from 63.9 per cent in 2015 to 64.7 per cent in 2022 (ibid.).

This working paper aims to synthesise evidence on pathways out of rural poverty for the Government of Zambia and other stakeholders. It uses mixed-methods evidence on rural poverty graduation pathways in Zambia, categorising these pathways into three groups: (1) chronically and extremely poor people escaping poverty, (2) moderately poor people escaping poverty, and (3) vulnerable non-poor people maintaining their escape from poverty. This report uses recent quantitative data from 2015 to early 2022, capturing the Covid-19 pandemic’s impact on mobility. The life history qualitative analysis extends this further through to November 2023, incorporating the effects of inflation, and the new administration’s social protection and promotion policies. Thus, we can more effectively cover the role of social protection and exit ramps for those receiving social cash transfers (SCTs) while taking into account the most recent impact of climate change on these rural pathways out of poverty.

Authored by Lucia da Corta, Richard Bwalya

Click here to read the full report

Evidence From Cash Plus Programmes: Lessons for Zambia

Social protection strategies, and cash transfer programmes in particular, have been on the rise globally since the early 2000s. By 2019, 35 African countries had adopted a national social protection policy or strategy. Cash plus approaches (including graduation programmes) addressing a wider range of socioeconomic outcomes emerged more recently and have expanded quickly. The Zambian government approved a cash plus approach in 2022, and a range of cash plus interventions are already being implemented. Exploring cash plus experiences and evidence from other countries is key to informing programme development, with a focus on what we can learn from these contexts that is relevant for Zambia. This includes ‘what works’ in terms of different combinations of cash plus components as well as how to deliver through national and local governance structures.

Authored by Roz Price, Kate Pruce and Rachel Sabates-Wheeler

Click here to read the full report

Political Economy Analysis of Pro-poor Policies in Zambia

In 2024, Zambia experienced the driest agricultural season in over 40 years, with significant crop losses, increased livestock deaths and, consequently, worsening poverty. Over 9 million people in 84 out of 116 districts were affected. Rising inflation impeded access to food for vulnerable households Being dependent on hydropower, the drought resulted in an enormous power deficit. In 2024 and early 2025 Zambia experienced power cuts of 21 hours a day, disproportionately affecting small and medium-sized enterprises that cannot afford solar power or generators.

A debt crisis has exacerbated these climate-related challenges. Zambian debt peaked at 140 per cent of gross domestic product (GDP) in 2020. Along with Covid-19, debt service pressures resulted in Zambia becoming the first African country to default on its external debt service obligations in November 2020, missing a US$42.5 million interest payment on a Eurobond. In addition, Zambia has been hit by three droughts in the past decade. Due to the deaths of two presidents in office (in 2008 and 2014), Zambia has also seen high levels of political turnover, which has impacted policy consistency.

The multiple crises Zambia has faced have had political repercussions, as economic decline has created discontent. The economic effects of crises have further strained the kwacha and resulted in increased inflationary pressures.2 Zambia is under an International Monetary Fund (IMF) programme that has strict benchmarks when it comes to subsidies for fuel, electricity and fertiliser. This programme ends in August 2025, opening various policy options, though it will lack the fiscal space which gave President Levy Mwanawasa’s free reign after the completion point of the Heavily Indebted Poor Countries initiative in 2006. The forthcoming elections in August 2026 will be tightly contested; if the opposition can unite behind one candidate, it will also influence policy decisions.

Within this context, this working paper discusses the following questions: How can poverty reduction experience a step change in Zambia? What are the political and economic conditions? And what can research tell the competing political parties and how best to achieve change The paper will briefly focus on the anti-poverty measures undertaken by the ruling Patriotic Front (PF) government (2011–21), which started as a leftist movement, before zooming into the current United Party for National Development (UPND) regime, which is more liberal in outlook. It then focuses on the political economy of current pro-poor programming. The paper is based on a literature review, unpublished reports, and interviews and interactions with relevant stakeholders (government officials, civil society organisations, think tanks and analysts).

Authored by Marja Hinfelaar

Click here to read the full report

Let's go double dipping! Supporting Growth from Below through Cash+

In Zambia, economic growth is primarily driven by large-scale, formal investments in sectors such as minerals, tourism, and services. However, these sectors employ relatively few people and have a limited impact on overall poverty reduction due to weak economic multipliers.

Consequently, Zambia needs complementary efforts focused on “Growth from Below”, small- scale, informal investments at the household level to effectively reduce poverty, particularly in an economy characterised by high inequality and a heavy reliance on minerals. According to the World Bank (2025), Zambia’s economic growth has a minimal effect on poverty alleviation, meaning that even substantial economic growth results in only modest reductions in poverty levels. While governments typically prioritise large-scale investments, a balanced approach that promotes both Growth from Above (GfA) and Growth from Below (GfB) is essential for inclusive and sustainable poverty reduction.

Furthermore, although the minerals sector is economically significant, it inadequately contributes to government revenues due to externalization of financial flows and opaque financial practices on which significant Zambian institutional capacity has been built (Inter-governmental Forum, 2025). Mineral companies are sometimes able to negotiate special agreements with the Ministry of Finance and Planning to minimise or evade taxes and royalties, as in the recent dropping of a 15% export tax. Addressing these transparency and taxation issues, which have long been a concern for the Zambia Revenue Authority (ZRA), is crucial to ensure that revenues from mineral wealth are effectively directed towards supporting broader economic initiatives that can genuinely benefit all Zambians.

Authored by Andrew Shepherd

Click here to read the full policy brief

National Report - Zambian Poverty Dynamics and Climate Resilience: A Growing Policy Agenda Through a Period of Crises

This report synthesises the key research findings of the Zambia Poverty Dynamics programme since the last national report in 2021, whose key findings and recommendations are summarised in Box 1.1. Many dimensions have remained the same; however, the main changes include: (1) a dramatic reversal in urban poverty reduction; (2) a very significant increase in new policy developments, especially in human development, although not yet in ‘growth from below’, but significant progress was achieved in fisheries with the return of fishing ban periods each year on major rivers and lakes to allow fish stocks to recover, laying the foundation for income growth in fishing.

This report starts by laying out which policy interventions have become significantly more visible and impactful since the last report, presenting the evidence from quantitative and qualitative research, and focusing on governance and implementation issues. Policy interventions are even more critical to poverty reduction and climate resilience in the Zambian context, it is argued, because of the ‘enclave’ nature of the dominant mining sector, which leads economic growth, at least when commodity prices are high (Pijuan Sala and Tudela Pye 2024), and which the current government wishes to grow rapidly. The majority of Zambians are employed or self-employed in comparatively low-productivity sectors, agriculture and services, which are generally disconnected from mining and other formal sectors such as tourism. Resulting high levels of inequality do not generate the market demand for micro- and small businesses’ outputs and services, leaving these with low investment and productivity. But they do generate the need and potential for redistribution through taxation, even if fiscal resources are for the moment heavily constrained by debt servicing.

As a result of these high inequalities, growth has not carried everyone with it. Therefore, only interventions will assist poor and vulnerable people to improve their life chances, until the pattern of growth changes and begins to make a contribution. So far the most successful interventions have been in human development. Their success has been extremely valuable but has not yet laid the foundations for more inclusive growth from below, which is necessary if poverty is to be sustainably reduced. Both of these – human development and growth from below – are required to enable sustained escapes from poverty or ‘graduations’, which are the objective of anti-poverty policy.

The report goes on to briefly assess the effects of the multiple crises that have assailed Zambia in the past five years, with an analysis of impacts on urban populations, and differentiating between extremely poor and moderately poor households, and men- and women-headed households. It also looks at policy responses to these crises, including disaster risk management, and raises the question of how to respond in the likely event that such crisis-prone times continue. This is followed by a closely related discussion on whether and how more widespread resilience to climate change might be achieved. The analysis is gendered throughout, and concludes with key policy and programming recommendations.


Authored by Andrew Shepherd, Richard Bwalya, Antony Chapoto, Lucia da Corta, Marta Eichsteller, Vidya Diwakar, Marja Hinfelaar, Mary Lubungu, Arthur Moonga, Brian Mulenga, Kate Pruce, Joseph Simbaya

Click here to read the full National Report

Women’s Agency Amid Shocks: A Gendered Analysis of Poverty Dynamics and the Implications for Social Protection in Bangladesh, Peru and the United Republic of Tanzania

The world has experienced multiple crises in recent years– the COVID-19 pandemic, food, fuel and financial crises, climate-related disasters and violent conflict. The need for universal, gender-responsive social protection systems is urgent in this context. This paper employs quantitative panel data and qualitative interviews to present an analysis of gender, poverty dynamics and social protection in three countries spanning different geographies– rural Bangladesh, Peru and the United Republic of Tanzania – amidst shocks and crises. It also examines the implications of these results for social protection system design and implementation.

Results highlight high rates of transient poverty in all three countries, reflecting underlying vulnerability of households and crises-driven downward income mobility. In the face of shocks, women’s resources (e.g., education levels and ownership of phones or financial accounts) and agency within and outside of the household (e.g., right to sell land, comfort in speaking up on public needs) are a critical means of support household resilience. However, adverse financial inclusion and other barriers constrain these efforts. Moreover, low social protection coverage has limited the ability of households and women within them to draw on social protection entitlements to maintain resilience during shocks. Though there was a surge in social protection responses during COVID-19, results suggest that this remained largely inadequate in guarding women’s resilience during the pandemic. Based on the study findings, we derive implications for policymakers and practitioners regarding the gender-responsive design and implementation of social protection during shocks, stressors and crises.

Author: Vidya Diwakar, Deputy Director, Chronic Poverty Advisory Network; Research Fellow, IDS

Read the full paper here

Read the related UN Women blog ‘Gender and poverty amid crisis: What matters for resilience?’ here

Financial Pathways toward Greater Resilience and Economic Inclusion

Facilitating access to financial services is a core component of most economic inclusion programs, which aim to build resilience and create opportunities for poor and vulnerable households. These programs offer a comprehensive package of interventions, such as cash transfers, coaching, and business capital, to address the constraints preventing poor and vulnerable people from effectively coping with and recovering from shocks and accessing job opportunities.

Understanding the barriers to financial inclusion and the specific needs of poor and vulnerable people is essential for tailoring products that create value for them and effectively contribute to their resilience. Core components of economic inclusion programs can be adapted to provide better pathways for greater resilience. This paper offers insights into how financial services facilitated in economic inclusion programs can better contribute to resilience building.

First, it discusses how financial services can be designed to meet the needs of different participants and how synergies can be fostered between the financial inclusion components and other components to achieve greater financial inclusion and resilience.

Second, the paper delves into how collaboration with financial service providers or market facilitators and leveraging digital technology can help achieve financial inclusion and resilience-building outcomes. Third, the paper offers recommendations for economic inclusion practitioners seeking to strengthen the financial inclusion components of their programs and financial inclusion practitioners aiming to complement their interventions to enhance the resilience of the most vulnerable microfinance clients.

Written by Serena Stepanovic, Inés Arévalo-Sánchez, Vidya Diwakar, and Dan Gilligan

Poverty Dynamics and Social ‍Assistance Amidst Intersecting Crises in Nigeria

This paper investigates the role of crises (e.g. armed conflict, displacement, climate-related disasters, Covid‑19, and economic crises) in driving negative poverty trajectories in Nigeria, alongside the extent to which social assistance may be fit for purpose to respond to intersecting crises. The paper adopts a mixed-methods approach, bringing together analysis of quantitative survey data from 2010 to 2023, with qualitative data collected in six states across the country’s six geopolitical zones in 2023. Study findings point to intersecting crises driving both the acuteness of chronic poverty as well as new instances of impoverishment that are becoming sustained. Social assistance – albeit constrained by limited coverage – plays an important role by supporting promotive and protective means of coping during crises. Based on the study findings, policy recommendations include expanding social assistance coverage, strengthening conflict resolution and peace-building, promoting equity-centred economic policy responses, and addressing underlying structural challenges.

Click here to read the full paper

Social Assistance and Coping With Crises in Borno, Nigeria

This paper examines the relationship between social assistance, violent conflict, and intersecting crises, and considers how social assistance can help offset erosive forms of coping that could otherwise drive poverty and food insecurity.

To investigate these issues, the study draws on newly collected household data covering 1,000 survey respondents in 2023 from the Konduga and Maiduguri Municipal Council local government areas in Borno, Nigeria. Borno has been an epicentre for violence over the past 15 years, and has experienced a range of intersecting crises.

Study findings indicate that 43 per cent of households experienced disruptions to income or agriculture, or asset loss, either due to conflict, flooding, or drought. Of these households, 41 per cent reported that more than half of their income source was lost. Despite the negative effects of crises, only 1 in 10 households received social assistance in the year preceding the survey, mainly through non-governmental organisations. This indicates that social assistance is simply not getting through to the people who need it.

Perhaps as a result, households are increasingly drawing on negative and even erosive forms of coping – for example, by being less able to save, less able to make investments, and increasing reliance on loans that together could drive downward mobility. The paper concludes with broad-brush implications for social assistance programmes to become more effective amidst violence and climate-related disasters.

The paper is authored by Vidya Diwakar, Adedeji Peter Adeniran, Emmanuel Nwosu, Fidelis Obaniyi, Chisom Udora

Click here to read the paper

UN DESA Policy Brief No. 160: The Dynamics of Poverty - Creating Resilience to Sustain Progress

The World Social Report 2025 (forthcoming) will offer a survey of social challenges that stand in the way of progress towards the Sustainable Development Goals. A series of thematic papers is being developed by UNDESA to provide more detailed analysis on each of these challenges, including the core commitments from the 1995 Copenhagen Declaration and Programme of Action. The first of the thematic papers focuses on poverty, and draws on a background paper produced by Andrew Shepherd and Vidya Diwakar. Linked to the thematic paper and its associated policy brief are presented here.

 

The thematic paper recognizes that world has made significant headway towards eradicating poverty in recent decades. Accelerating the speed of progress and avoiding setbacks remain critical challenges. While poverty is increasingly entrenched in the poorest countries and regions, the Covid-19 pandemic and subsequent crises have exposed that gains are fragile, even in countries that had succeeded in reducing it. Growing evidence on the dynamics of poverty shows that many people are still one misfortune away from falling below the poverty line. Many do so, despite declines in the total number of people in poverty. Progress in reducing it is much more volatile than the conventional, aggregate picture of gradual reductions suggests. Covid-19 and the growing threats from climate change and conflict serve as yet another reminder that reaching the elusive goal of eradicating poverty is not only a matter of lifting people above it. It also requires creating resilience.

Read the thematic paper here