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Presentation of the World Bank's "Poverty, Prosperity, and Planet. Pathways Out of the Polycrisis" Report

Photo of the event poster
Presentation and discussion of the new World Bank's Report

Date: Tuesday, March 4, 2025

Time: 10:00

Place: Gallery in Learning Center (LC, ground floor)

Registration

Please note that each registration is only valid for one person. If you wish to participate together with others, each person must send a separate registration.

* Pflichtfelder sind mit einem Stern (*) gekennzeichnet.

Poverty, Prosperity, and Planet Report

The era of rapid reductions in global extreme poverty came to an end with the COVID-19 pandemic. The global goal of cutting the extreme poverty rate to 3 percent by 2030 had slipped out of reach. A new World Bank report, "Poverty, Prosperity, and Planet", identifies overlapping crises and gives governments a comprehensive framework to monitor progress, identify new pathways to success, and choose the right policy priorities.

Among the key findings of the report:

  • Global poverty reduction has slowed to a near standstill, with 2020–30 set to be a lost decade.

  • Nearly one in five people are at risk of experiencing welfare losses due to an extreme weather event from which they will struggle to recover.

  • The global environment is facing multiple and interconnected crises or a “polycrisis”: from slow growth prospects and high levels of debt to increased uncertainty, fragility, and polarization.

How can governments speed up the progress on ending extreme poverty and boosting shared prosperity on a livable planet? This event will explore solutions and recommendations for policymakers.

Join us to discuss potential pathways out of the polycrisis.

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Agenda
9:30-10:00 Registration
10:00 Welcome
10:10 Keynote: "Poverty, Prosperity, and Planet Report: Pathways Out of the Polycrisis” by Maria Eugenia Genoni (World Bank)
10:50 Discussion: Jesus Crespo Cuaresma (Vienna University of Economics and Business)
11:10 Q&A

Keynote Speaker

Portrait of Maria Eugenia Genoni
© World Bank

Maria Eugenia Genoni is a Senior Economist in the Poverty and Equity Global Practice of the World Bank. She is currently Global Lead for the Global Solution Group on Data Systems and Statistics Operations and for the Real Time Monitoring of Welfare initiative. She led the 2024 Poverty, Prosperity and Planet Report. She has also led analytical work and operations on statistics, poverty and inequality, and household risk management in the Latin America and the Caribbean, South Asia, and Middle East and North Africa regions. Maria’s areas of expertise include poverty measurement and survey design, statistical capacity building, migration and forced displacement, and analytics related to poverty and economic mobility. Prior to joining the World Bank, Maria worked at the Economics Department at Duke University, the Research Department at the Inter-American Development Bank, and the Ministry of Finance of Argentina. She holds a PhD in Economics from Duke University.

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Discussion

Portrait of Jesús Crespo Cuaresma
© WU

Jesús Crespo Cuaresma is Professor of Economics at the Vienna University of Economics and Business (WU), as well as Director of Economic Analysis at the Wittgenstein Centre for Demography and Global Human Capital (WIC) and Research Scholar at the International Institute of Applied Systems Analysis (IIASA). He acts as a scientific consultant to the World Bank and the Austrian Institute of Economic Research. His research interests are in the fields of applied econometrics, macroeconomics, economic growth, human capital and economic policy.

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