Reducing and ultimately eliminating poverty is a fundamental aspiration of Irish society and is a commitment of the Irish Government.
Following a comprehensive review of the poverty target in the National Action Plan for Social Inclusion 2007-2016, the Government agreed to revise and enhance the re-named national social target for poverty reduction.
The National Social Target for Poverty Reduction is to reduce consistent poverty to 4 per cent by 2016 (interim target) and to 2 per cent or less by 2020, from a baseline rate of 6.2 per cent in 2010.
The Europe 2020 Strategy, adopted a poverty target to lift at least 20 million people out of the risk of poverty or exclusion by 2020 (using 2010 as baseline year). Member states are required to set out parallel national targets as a means of meeting the EU target, using either national or EU indicators of poverty. Ireland’s contribution to the EU poverty target under Europe 2020 is to lift a minimum of 200,000 people out of the risk of poverty or exclusion by 2020, from a 2010 baseline.
There are two national sub-targets for reducing poverty among children and jobless households. These two groups were identified as meriting specific policy attention given their higher risk of consistent poverty and their importance in terms of overall social and economic policy. Additional indicators will be used to monitor progress towards the target and the monitoring and implementation of the target will be strengthened.