When the Covid-19 pandemic and the resulting recession pushed 120mn people worldwide into extreme poverty in 2020, many countries relied on social-protection measures to cushion the blow. By May 2021, a total of 3,333 such schemes had been planned or implemented in 222 countries or territories. Because the world will face other crises in the coming decades, we must learn how to protect people better against unexpected events – particularly as the effects of climate change become more pronounced and leave many exposed to natural disasters and income shocks. But how? Social-protection programmes that assist low-income families, insure against shocks, and break poverty traps offer a potential
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