Slowing economic growth around the world is endangering the World Bank's goal of ending extreme poverty by the year 2030. That is what World Bank President Jim Yong Kim said recently. Mr. Kim said the goal remains within reach. But he thinks extreme poverty will disappear only if world leaders and financial and development agencies do their part.
What exactly is extreme poverty? The United Nations says extreme poverty is a condition in which basic human needs are not being satisfied or met. These needs include having clean drinking water, food and an education.
Jim Yong Kim says there is good news. He says the world has made some progress toward reaching the goal.
"Over 25 years, we've gone from nearly two billion people living in extreme poverty to fewer than one billion."
Even with this progress, nearly one billion people continue to live on less than about $1.25 a day. Slowing economic growth in industrial and developing economies is affecting the fight against extreme poverty.
Mr. Kim suggests that one solution is to partner with new financial institutions such as the Asian Infrastructure Investment Bank and the New Development Bank.
"We at the World Bank Group see these development banks as potentially very strong allies in tackling the enormous challenge of bringing much needed infrastructure to the developing world."
Banking coalitions could help identify financing for transportation and other infrastructure needs that the World Bank alone cannot provide. Amy Studdart is with the Center for Strategic and International Studies in Washington, D.C.
"There's a huge infrastructure gap in Asia. The World Bank itself estimates that it was $2.5 trillion worth of investment that needs to happen in South Asia and South East Asia along."
Many people are concerned that new lending agencies will reduce the influence of existing ones like the World Bank. But Mr. Kim says the issue is not influence.
"The fundamental issue for us is, your enemy cannot be other institutions. Your enemy has to be poverty."
The World Bank is expected to consider those issues when world leaders meet at the United Nations later this year.
I'm Mario Ritter.
1.potentially adv. 可能地，潜在地
Potentially dangerous bacteria are regularly sent from one laboratory to another.
2.endanger vt. 危及；使遭到危险
It was foolish to endanger your life in that way.
3.identify vt. 确定；鉴定；识别，辨认出；使参与；把…看成一样 vi. 确定；认同；一致
He identified his baggage among hundreds of others.
1.Mr. Kim said the goal remains within reach.
within reach 伸手可及的，在附近
It saves time in the kitchen to have things you use a lot within reach.
Isabelle placed a wine cup on the table within his reach.
2.But he thinks extreme poverty will disappear only if world leaders and financial and development agencies do their part.
do one's part 尽自己的职责
Now is the time for all of us to do our part.
We should do our part by staying in close touch with Japan.