Charting a course towards Universal Social Protection - resilience, equity, and opportunity for all
The Social Protection and Jobs (SPJ) Compass puts at its heart the vision of universal social protection. It recognizes that the progressive realization of universal social protection (USP), which ensures access to social protection for all whenever and however they need it, is critical for effectively reducing poverty and boosting shared prosperity. Countries across the globe are increasingly using this vision to guide their policy. Social protection can be defined as policies and programs that help individuals and societies to manage risk and volatility, protect them from poverty and inequality, and help them to access economic opportunity. Social protection aims to achieve this by increasing people’s resilience, equity, and opportunity, the three goals of social protection, by means of a range of instruments in the social insurance, labor and economic inclusion, and social assistance and care domains.