Sunday, March 3, 2024
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HomeNewsCaribbean NewsFinancing gaps in social protection

Financing gaps in social protection

GENEVA, Switzerland — The COVID-19 crisis has revealed the catastrophic impact of the lack of social protection coverage for 4 billion people around the world. Social security is a human right and the acute need for social protection is more evident than ever.

However, 55 percent of the global population is completely unprotected. This is linked to insufficient progress in closing social protection financing gaps. Closing these gaps is both necessary and achievable. With concerted political will, we can make social protection for all a reality.

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