Livelihoods are both the means and the end.
689 million people around the world live in extreme poverty. When it comes to sustainable impact, there’s no silver bullet, but an increase in income comes close. The effects of well-paid, meaningful work ripple through families, communities, and societies in a way that nothing else can, which is why the right to decent work is enshrined in constitutions across the globe and included in the UN’s Sustainable Development Goals.
It’s also why livelihoods are at the heart of so much of what we do.
Whether in developed or developing markets, the key is to tackle the underlying issues while maintaining a practical, compassionate focus on individuals.
In Australia, this means matching seasonal workers from across the Pacific and Timor-Leste with seasonal jobs, bolstering the economy and providing critical income for workers and their families. The Palladium-managed Pacific Labour Facility has reached 35,000 workers this way.
In Malawi, where agriculture is the main industry, Feed the Future Malawi Ag Diversification (AgDiv) activity is empowering and supporting smallholder farmers to make their production more efficient, increasing incomes by improving the quality and quantity of their crops.
A $700M increase in household incomes isn’t enough, but for individuals and families living below the poverty line, the impact is real.