United Nations Decade for the Eradication of Poverty (2008-2017). The Theme is “Full Employment and Decent Work for All”.
On 20 October 2008, The Second Committee held a Panel discussion on the “Second United Nations Decade for the Eradication of Poverty (2008-2017).
In December 2007, the General Assembly (resolution A/RES/62/205) proclaimed the Second United Nations Decade for the Eradication of Poverty (2008-2017) reiterating that eradicating poverty was the greatest global challenge facing the world and a core requirement for sustainable development, especially for developing countries. The proclamation recalls the outcomes of the World Summit for Social Development and the twenty-fourth special session of the General Assembly.
During the implementation of the first Decade for the Eradication of Poverty (1997-2006), several United Nations summits and conferences resulted in negotiated outcomes focusing national, regional and international efforts on poverty eradication. They include the UN Millennium Declaration, the Monterrey Consensus of the International Conference on Financing for Development and the 2005 World Summit Outcome. Despite new commitments to poverty eradication, and the efforts towards the implementation of the first Decade for Poverty Eradication, the progress made in reducing poverty world-wide has been uneven. Although some regions experienced poverty reductions, in many countries poverty has been on the rise, especially among women and children.
The second Decade aims at supporting, in an efficient and coordinated manner, the internationally agreed development goals related to poverty eradication, including the Millennium Development Goals. It stresses the importance of reinforcing the positive trends in poverty reduction in some countries and extend such trends to benefit people worldwide. The proclamation recognizes the importance of mobilizing financial resources for development at national and international levels and acknowledges that sustained economic growth, supported by rising productivity and a favourable environment, including private investment and entrepreneurship is vital for rising living standards.