SDG #10: Reduced Inequalities

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#10 Reduced Inequalities

Aims to reduce inequality within and among countries; countries should achieve and sustain income growth to the bottom 4 per cent of the population at a rate higher than the national average. In turn, this will increase empowerment, social promotion, and political inclusions for all, irrespective of age, sex, disability, race, ethnicity, origin, religion, or economic status. Additional steps are…

  • Creation of equal opportunities and inequality reduction of outcome
  • Promotion and appropriate legislation, policies, and actions
  • Ensuring enhanced representation of voice for developing countries in decision making on the global economic and financial scale

Targets also focus on ensuring safe, regular, and responsible migration policies as well as a reduction by at least 3 per cent of the remittance transfer prices for migrants and their families. This also calls for the elimination of remittance corridors charging over 5 per cent fees and to ensure safe and regulated migration practices. The implementation of special and differential treatment for developing countries especially applies here.

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Targets included in this goal:

10.1

By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average

10.2

By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status

10.3

Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard

10.4

Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality

10.5

Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations

10.6

Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutions

10.7

Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies

10.a

Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements

10.b

Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes

10.c

By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent

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