Economic Development and Poverty Reduction
Through the Millennium Development Goals the world is addressing the many dimensions of human development, including halving by 2015 the proportion of people living in extreme poverty. Developing countries are working to create their own national poverty eradication strategies based on local needs and priorities.
UNDP advocates for these nationally-owned solutions and helps to make them effective through ensuring a greater voice for poor people, expanding access to productive assets and economic opportunities, and linking poverty programmes with countries' international economic and financial policies. At the same time, UNDP contributes to efforts at reforming trade, debt relief and investment arrangements to better support national poverty reduction and make globalisation work for poor people. In doing so, we sponsor innovative pilot projects; connect countries to global best practices and resources; promote the role of women in development; and bring governments, civil society and outside funders together to coordinate their efforts.
UNDP promotes the concept of human poverty as a complement to income poverty, emphasizing that equity, social inclusion, women's empowerment, and respect for human rights matter for poverty reduction.
UNDP in the Russian Federation has a successful history of cooperating with the corporate sector, which contributes significantly to the implementation of UNDP projects in the areas of public-private partnerships, employment generation, corporate social responsibility, capacity building of national institutions, investment promotion and infrastructure improvement, for instance, facilitating foreign and domestic investment in the North-West Federal District. UNDP promotes the concept of equal rights and opportunities for men and women and the dissemination of gender knowledge, especially among government officials.
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