Sustainable Development

Reduce inequality within and among countries

Goal 10

It is well documented that income inequality is on the rise, with the richest 10 percent earning up to 40 percent of total global income. The poorest 10 percent earn only between 2 percent and 7 percent of total global income. In developing countries, inequality has increased by 11 percent if we take into account the growth of population. These widening disparities require the adoption of sound policies to empower the bottom percentile of income earners, and promote economic inclusion of all regardless of sex, race or ethnicity. Income inequality is a global problem that requires global solutions. This involves improving the regulation and monitoring of financial markets and institutions, encouraging development assistance and foreign direct investment to regions where the need is greatest. Facilitating the safe migration and mobility of people is also key to bridging the widening divide.

Serial No Target Name
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 View
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 eco nomic or other status View
10.3 Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discrimi natory laws, policies and practices and promoting appropriate legislation, policies and action in this regard View
10.4 Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality View
10.5 Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations View
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 View
10.7 Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well - managed migration policies View
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 View
10.b Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least deve loped countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes View
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 View
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