World Bank chief Jim Yong Kim seeks end to poverty
4 April 2013 Last updated at 22:14 BST
The president of the World Bank, Jim Yong Jim, says he wants to eliminate extreme poverty by 2030.
Speaking to the BBC, he said he was hopeful that there will be more aid forthcoming to help achieve the target.
Jim Yong Kim took over the top job at the World Bank last year and has been setting out his vision for the organisation.
He wants the Bank to focus on eliminating extreme poverty in the next 17 years. That would build on United Nations objectives - known as the Millennium Development Goals - that include reducing rather than eliminating the problem in the more immediate future.
Mr Kim said there has been progress, but he acknowledged that as he put it, the tough work is ahead of us.
"We have a chance - an historic opportunity to end poverty in a generation," he said.
The World Bank works with governments and the private sector to support economic growth and reduce poverty.