A United Nations (UN) commitment to eradicate extreme poverty by 2030 is one of the key recommendations from an international panel co-chaired by David Cameron.
The Prime Minister called for a "new global partnership" to tackle some of the biggest problems facing the developing world as the panel's report was handed over to the UN.
Other aims proposed in the report include securing improvements in women's rights, achieving universal access to water and ensuring food security.
The report contains proposals for a new framework for international development following the expiry of the 2015 deadline for achieving the UN Millennium Development Goals (MDGs).
The MDGs sought to halve extreme poverty, defined as people earning less than 1.25 US dollars (83p) a day, but the panel called for a more ambitious goal over the following 15 years.
Mr Cameron said: "This report sets out a clear roadmap for eradicating extreme poverty by 2030. We need a new global partnership to finish the job on the current Millennium Development Goals, tackle the underlying causes of poverty and champion sustainable development."
The panel's report includes 12 measurable goals but will disappoint aid organisations by not including an explicit commitment to reduce income inequality.
As part of efforts to empower women, the report calls for an end to child marriage and equal rights to open bank accounts and own property.
The panel also recommends bringing together development and environmental agendas, with targets for reducing food waste, slowing deforestation and protecting ecosystems.
The report stressed the need for countries to give citizens confidence in their governments by promoting the rule of law, free speech, transparency and cracking down on corruption - themes Mr Cameron has referred to as the "golden thread" of development and lobbied hard for action on.