According to a recent World Bank report, global poverty reduction has more or less come to a standstill, with 2020–30 ‘set to be a lost decade’. One person in twelve in the world is in extreme poverty (living on less than $2.15 per day).
Two-thirds of the extreme poor live in sub-Saharan Africa, where in addition nearly everyone who is exposed to an extreme weather event will struggle to recover from it.
If current developments continue, it will take decades to eradicate extreme poverty. This in a world that wastes massive resources on wars and all the paraphernalia of the money system, where producing enough for all is achievable now.