Poverty affects more than a quarter of the world's population, and that is why erasing it is a principal objective for humanity, enshrined as the first of a number of goals (SDGs) in the UN 2030 Sustainable Development Agenda. Poverty is more than just having insufficient income – it is a multidimensional phenomenon closely related to unequal access to education, health and other basic services. Poverty eradication is an ongoing objective of EU development policy.
https://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_BRI(2019)644181
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