Safety Nets and Cash Transfers

    The World Bank currently supports over 350 million individuals with social safety net programs worldwide.  COVID-19 saw the largest scale up of social safety net transfers in history.  And just last year, in response to the global food crisis, social protection responses more than doubled. An estimated 36 percent of the poorest people escaped extreme poverty because of social safety…

    Read More

      Economic Inclusion Programs Reach Only 10% of World’s Poorest

      Economic inclusion programs are cost-effective and impactful but are reaching only about one-in-ten people living in extreme poverty, according to a World Bank report released today. Economic inclusion programs—which provide cash transfers, skills training, business capital, coaching, and market access—build a ladder out of poverty for the poorest and most vulnerable people, particularly women. While…

      Read More