The eradication of poverty by the year 2030 is among the Sustainable Development Goals. Eradication of poverty, just like climate change, has become one of the major concerns of the United Nations. In a roundtable discussion on eradication of poverty held recently, Social entrepreneurship was identified as one of the ways of ending poverty.
The challenges that are faced where poverty levels are high should be seen as opportunities for potential social entrepreneurs to come up with viable solutions. An example is the energy sector, where social entrepreneurs should come up with energy conservation methods. This will ensure that the available, affordable sources of energy are well utilized, to eliminate the need for other sources of energy that are not readily available. One such social entrepreneur is the African Clean Energy, an organization that sells clean cookstoves.
The effects of poverty are not to the poor only, but to the society as a whole. Once poverty is eradicated, the society as a whole will have moved a notch higher. Anne Kjaer Riechert, CEO & Co-Founder, ReDI School of Digital Integration, believe that poverty is not all about income but about the gap between those who have and those who do not have. For a society to be said to have developed, this gap has to be reduced. Entrepreneurship plays a major role in the eradication of poverty, unlike government institutions and non-governmental organizations