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The Challenge We Face

Global poverty reduction has slowed to a near standstill, with 2020-2030 set to be a lost decade. Progress has stalled amid multiple crises and shocks, impacting low-income countries the hardest and preventing the poorest people from catching up. Advancing on the World Bank¡¯s mission to end extreme poverty and boost shared prosperity on a livable planet requires urgent, coordinated and evidence-based global action.

The Umbrella Facility for Poverty & Equity (UFPE) is a global trust fund that enables policymakers and practitioners to design, implement, and monitor projects, programs, and policies to end poverty and boost shared prosperity on a livable planet.

The Umbrella Facility for Poverty & Equity (UFPE) is a global trust fund that enables policymakers and practitioners to design, implement, and monitor projects, programs, and policies to end poverty and boost shared prosperity on a livable planet.

With a cross-cutting poverty and equity agenda, the Umbrella Facility for Poverty Equity aims to:

Our Work So Far

Since 2021, the UFPE has committed more than $19 million to improve the lives and livelihoods of poor and marginalized people and safeguard the planet. To date, we have worked in 26 countries across a wide range of important development topics such as fiscal policy, gender equity, social protection, jobs, climate change and adaptation, and more.

Through these efforts, the UFPE has strengthened the poverty and equity lens of 60 World Bank development policy and investment operations and 20 policy dialogues. The UFPE also supports the production of global public goods that advance development knowledge and support country programs.

Get in Touch

Contuct us at: ufpe@worldbank.org