World Bank president calls for end to poverty by 2030

The president of the World Bank, Jim Yong Kim has described extreme poverty as "the defining moral issue of our time" and hopes a new World Bank Group strategy will help to end poverty by 2030.

More than a billion people in the world live on less than $1.25 per day, with frequent natural disasters and global economic crises pushing the neediest people further below the poverty line.

Andrew Walker reports.