United Nations, Oct 23:
Between 150 million and 175 million more people will fall into extreme poverty due to the COVID-19 pandemic, an expert said at the UN.
Special Rapporteur on extreme poverty and human rights Olivier De Schutter said that between 150 million and 175 million more people will fall into extreme poverty, due to the epic fallout from COVID-19.
Schutter told the UN General Assembly Third Committee (Social, Humanitarian and Cultural) Wednesday as delegates raised concerns about the plight of the world’s most vulnerable in a series of interactive dialogues.
“We must rethink our development model,” De Schutter said, adding that most of those who will fall into extreme poverty will be workers in the informal sector or in precarious employment conditions most of them women.
In order to emerge from the worst crisis since the 1929 Great Depression, “we cannot count, as we did in the 20th century, on economic growth as usual,” he said.
Environmental sustainability and social justice must be considered prerequisites for shaping the economic recovery that countries envision, he said.