UNITED NATIONS, Nov. 22 (UPI) -- Greater cooperation and exchanges of ideas among developing countries is vital to fighting poverty, U.N. Secretary-General Ban Ki-moon said Monday.
"The more developing countries can share lessons about what works, from micro-finance to cash transfer programs, the more we can advance," Ban said Monday in remarks delivered to the Global South-South Development Expo in Geneva, Switzerland. "Countries across the global south have created jobs and freed millions of people from poverty through home-grown solutions or by drawing on the innovations of others."
An estimated 1.75 billion people in more than 100 countries still live in extreme poverty, Ban said, citing a poverty indicator begun earlier in 2010 by the Oxford Poverty and Human Development Initiative of Oxford University and the U.N. Development Program, Ban said in a release.
He said the Global South-South Development Expo provides a key opportunity to share information, generate new initiatives, showcase technologies and explore what can be done to achieve a future that is both more prosperous and more green.