An end in sight for ultra-poverty: Scaling up BRAC's graduation model for the poorest
Can we end the worst forms of human poverty? Falling poverty rates are now observed in every region of the world. In April 2014, World Bank president Jim Yong Kim announced 2030 as the global target date to end "extreme poverty" defined as living on or below the equivalent of $1.25 per day.
It would be a mistake, however, to treat those below the $1.25-a-day threshold as a homogenous pool. A unique set of interventions is required for those in the lower half of the group, the "ultra-poor" who live on 60 to 70 cents a day or less.
Research has demonstrated the success of a BRAC's scalable, household-to-household approach to graduating the poorest from ultra-poverty. BRAC is ready to leverage its experience by working with others to help scale up such programs globally. Such an approach should be one component of a global strategy to defeat the scourge of extreme poverty once and for all.
Download BRAC Briefing Note #1: Ending extreme poverty