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Frightful things this Halloween (hint: poverty)

BOO! It’s Halloween and while monsters under your bed or ghosts in the attic may keep you up at night, we have some truly F R E A K Y information that will make your skin crawl.

While celebrating Halloween in Australia might be debatable, it’s no debate that in many parts of the world the most frightening things young people experience are socio-economic uncertainties. Not knowing if your family can pay next year’s school tuition fees, or if their households have enough livestock to support their incomes, is a fear far more real than ghouls and ghosts.

Oaktree works arm-in-arm with local NGOs in Timor-Leste and Cambodia to create systemic and long-term educational change. We want to see a world where all people have the opportunity to thrive, but first we need to understand the barriers that are in our way. Here are 6 frightening facts about global inequalities this Halloween, taken from two Sustainable Development Goals that are central to Oaktree’s values:

Sustainable Development Goal 1: No Poverty

  • South Asia, our closest region, is home to 36% of the world’s total number of people in poverty, and almost 50% of the world’s most malnourished children.
  • The number of undernourished people in the world increased between 2015-2016, jumping from 81 million to 85 million of the world’s population.
  • Back in 2014, every day of the year, an average of 42,000 people were forced to leave their homes because of conflict.

Sustainable Development Goal 4: Quality Education

  • Only 71% of teachers in South Asia are trained to conduct primary education classes (to learn more about how Oaktree supports teacher training in Timor-Leste, check out Ba Futuru).
  • Almost 60% of children and adolescents do not meet minimum literacy and numeracy standards worldwide.
  • 6% of children in South Asia are still not enrolled in schools, and this number disproportionately belongs with girls.

We’ve focused on only two sustainable development goals, but it’s important to remember that no issue exists in isolation. If you want to stay updated on how to empower young people through education and fight poverty, join the movement today.

Happy Halloween 👹