Earlier this year, World Bank President Jim Yong Kim, who will be delivering a call to action at the 2013 Partnerships against Poverty Summit in Manila, announced a new agenda for ending extreme poverty by 2030 as a global community and and promote shared prosperity to boost the incomes of the poorest 40 percent of the population. In his statement, he noted that we are in a remarkable moment in history, coming off of “successes of past decades and an increasingly favorable economic outlook.” He declared,
Our duty now must be to ensure that these favorable circumstances are matched with clarity of purpose and resolute action to realize this historic opportunity.
He labeled the “science of delivery” for development as the path to maximize development dollars to create a world that is defined by “soaring opportunities”: clean energy, food security, and healthy families. “A world free of poverty,” he said.
And on October 9th, President Kim will call on the microfinance and financial inclusion movements, on the global community present at the Summit, to help make microfinance part of the movement in the next set of Millennium Development Goals to end severe poverty by 2030. Delegates will then have opportunities through the plenary sessions and workshops to explore the different roles that microfinance institutions, banks, payment providers, regulators, policy makers, and social development organizations can play in partnership to help in the process of ending severe poverty.