The United Nations’ (UN) Sustainable Development Goals (SDGs) help direct all countries towards a more sustainable future. Members of the UN General Assembly enacted 17 SGDs in 2015 to reduce poverty, to eradicate widespread hunger, and to address other global challenges. Assuming all countries follow the yearly agenda, all developing countries will enjoy a more prosperous life by 2030. This article will highlight the progress of SDG Goal 1 in Bangladesh.
Since 2015, Bangladesh has made remarkable improvements in reducing poverty (SDG Goal 1). For instance, by 2010, only three years after the implementation of the SDGs, the proportion of Bangladeshis living below the international poverty line decreased by 8.3%. Similarly, the proportion of Bangladeshis living below the domestic poverty line decreased by 9.9% from 2010 to 2018. While this is an exceptional improvement, Bangladesh still has much to improve by 2030. This article will introduce five ways Bangladeshis are working towards SDG Goal 1:
Increasing Opportunities For Women
Bangladesh has a large, young workforce. More than half of Bangladesh’s population is under the age of 25, and approximately 2 million people enter the workforce every year. Many women, however, cannot work or hold jobs below their potential. This is particularly apparent in rural areas where the employment gap between men and women is especially high. According to the SDG Fund, only 36.4% of women are employed; unfortunately, this employment rate is 46.9% lower than that of men. Addressing this disparity between women and men is necessary to reduce poverty in Bangladesh over time.
Growing the Economy
Bangladesh is well-known for its garment production industry, the second-largest in the world. Many businesses hire firms from Bangladesh to manufacture their products. This, in turn, provides Bangladeshis with more work opportunities and provides revenue for the economy. Garment exports from Bangladesh continue to rise by approximately 16% every year.
Increasing Digital Power
Like Bangladesh’s garment industry, the digital power and technology industry continues to grow rapidly. Bangladesh has the largest number of information technology (IT) freelancers in the world: over 600,000 IT freelancers work within the country. Freelancers are able to work remotely and assisting people worldwide; therefore, the job is relatively secure. Much of Bangladesh’s youth is seeking IT experience due to the good pay and job security.
Concentrating on Lagging Regions
Economic and environmental issues disproportionately impact the rural areas of Bangladesh. Ergo, these regions are more prone to poverty than urbanized cities. In order to dissipate national poverty and to fulfill SGD Goal 1 in Bangladesh, officials focus on improving lives in these lagging regions. Therefore, the SDG Fund’s program primarily supports rural districts such as the Kurigram district in Northwest Bangladesh and the Satkhira district on the country’s Southwest coastline.
Improved infrastructure is another vital aspect of fighting poverty in Bangladesh. According to the World Economic Forum Global Competitiveness Report from 2013, the country’s overall infrastructure ranked 134th out of 142 countries. However, since the development of the SDGs, Bangladesh, along with financial help from the World Bank, paved 800 km of new roads while maintaining 4,500 km of rural roads in 26 districts. Officials also implemented road safety engineering measures and a community awareness campaign regarding road safety.
Bangladeshis have made significant progress since implementing the SDGs in 2007. By increasing opportunities for women, growing the economy, increasing digital power, concentrating on lagging regions, and improving infrastructure, Bangladesh can achieve its goal of providing its people a more prosperous life by 2030. More specifically, these poverty reduction methods will help achieve SGD Goal 1 in Bangladesh.
– Heather Law