Alleviating poverty is key to achieving many of the UN’s Millennium Development Goals. Although the number of people in extreme poverty has fallen from 28 per cent of the developing world’s population in 1990 to 21 per cent in 2001, by the UN’s own admissions much more remains to be done. This episode looks at companies seizing the significant opportunities to better meet the needs of the world’s poorest communities, increase their productivity and incomes, and empower their entry into the formal economy.
We travel to India to learn of a new initiative to encourage farmers to grow sugar beets, which is more of a sustainable and profitable produce. In Brazil, we learn of an organisation which brings together international hotel chains and non profit agencies to give young people a chance to break from poverty and develop useful skills. Thanks to the efforts of companies like Nestle, the Indian dairy farm is changing to improve their productivity and have better profit from dairy farming.