World Bank is a part of the World Bank group which is a component of the United Nations system. The World Bank's primary goal is the minimization of poverty. While poverty has declined rapidly over the past three decades, humanity continues to face urgent and complex challenges. More than 1 billion people still live in deep poverty, a state of affairs that is morally unacceptable given the resources and technology we have available today. At the same time, rising inequality and social exclusion seems to accompany rising prosperity in many countries. Under these circumstances, the World Bank's overarching mission of a world free of poverty is as relevant today as it has ever been. To end extreme poverty, the Bank's goal is to decrease the percentage of people living with less than $1.90 a day to no more than 3 percent by 2030. To promote shared prosperity, the goal is to promote income growth of the bottom 40 percent of the population in each country.
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