In 2015, leaders from 193 different countries agreed on 17 global goals they felt the world needed to achieve by 2030. Sustainable Development Goal 10 aims to reduce inequality within and among countries.
Equality is fundamental to a stable, just, prosperous, and peaceful society.
At the heart of the 17 Sustainable Development Goals is the hope and ambition to make certain that no one is left behind, a vision which can only be achieved by addressing the quality of life of the most vulnerable of today’s society.
Sustainability is wholly incompatible with inequality.
Inequalities based on age, income, sex, disability, race, religion, ethnicity, sexual orientation, access to services and opportunity continue to exist across the globe. This threatens long-term social and economic development and reduces people’s sense of fulfilment and self-worth.
‘Inequality starts with the lottery of birth’ – where are you born and your parent’s circumstances. A person’s opportunities in life can very much depend on social and economic factors in their early life.
Discrimination, which is based on factors such as age, gender, ethnic group, disability status, sexual orientation, migratory status, residence or other circumstances, disadvantage individuals in many different and often invisible ways, throughout their lives. These patterns of inequality get passed on from generation to generation.
Attaining Reduced Inequalities and other SDGs may require an intentional strategy which begins by reaching the furthest behind.
Often, with lower income and fewer assets than men, women, particularly single mothers, are more likely to live their lives below 50 percent of median income. ‘Evidence suggests that inequality between women and men in a household is a strong contributing factor to overall income inequality in society.’ For women, gender inequalities, effects their health and education as well as income, have a strong impact on overall well- being.
Lack of equality across countries, often results in disadvantaged countries lacking in financial resources or trade opportunities to bring about policies which can achieve gender equality and other aspects of inclusion.
Within countries, economic and social policies need to be explicitly geared towards reducing gender inequalities.
The global problem of income inequality has been widening between the rich and the poor since the 1990s. At present, just 8 men possess the same wealth as half of the world. Wealth is continuing to increase for a small percentage of the population while little is changing for the poorest. This is a terrifying representation of the global inequalities we are facing today.
Addition from Raquel if you like to include it but you don’t have to: But inequality in income is not only related to the richest and the poorest in the world. If we look at income inequality close to home, how many organisations have pay scales that vary vastly from employees to boards of directors? Or simply employees and managers? Yes, this is a truth hard to read for many, but the reality is that wealth inequality is present in our everyday jobs, and increases the chance of the most vulnerable being left behind.
There is a crucial need for better representation of developing countries on key global platforms, to improve the possibility of solutions being found to macro level challenges around the world.
Even though some positive signs are evident, inequality is growing for more than 70% of the population, increasing risks of further divisions and straining chances of economic and social development.
Realising the goal of reducing inequalities on a global scale demands transformative change, this will involve eliminating all discriminatory laws and practices.
Unfortunately, Covid 19 has further increased existing inequalities and hampered progress.
As we try to progress the goal of global equality, the plant can only improve for the better if no one is left behind and excluded for a chance to better their lives.
‘Political, economic and social policies need to be universal and to pay close attention to disadvantaged and marginalised communities.’
A world with complete equality would mean everyone has shelter, healthcare, food and time to invest in their wellbeing as well as work.
It would mean no one is excluded or discriminated based on their identity, sex, or skin colour. The call for universal public health services would be seen as crucial. Climate change would be realised as an issue that affects everyone equally.
SGI President Daisaku Ikeda writes in the 2017 Peace Proposal: “Even if there is a sense of comfort felt by people when they are surrounded by others who share the same culture or ethnic group, we must remain vigilant against the danger that this group consciousness will metamorphose into violent discrimination or antagonism directed at other groups at times of heightened social tension…To categorize and discriminate against individuals on the basis of a single attribute is wrong; it is a source of division that undermines society as a whole.
Growing inequality of course impacts the poorest and most disadvantaged areas of society but also negatively effects society as a whole, impacting all people. Any type of inequality serves to hamper and strain long term social and economic development. This affects individuals sense of wellbeing and fulfilment in life and can result in environmental degradation, crime and disease.
‘There can be no sustainable development if people are excluded from the chance to lead a better life.’
Today, you can:
Are you ready to reduce inequalities within your organization and beyond? Our ESG Leader Programme equips you with the skills to drive ethical strategies, foster inclusion, and align with the global SDG agenda. Don’t miss your chance—enroll today for the next cohort!
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The FSG Team đź’š
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
Indicator 10.1.1: Growth rates of household expenditure or income per capita among the bottom 40 per cent of the population and the total population
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
Indicator 10.2.1: Proportion of people living below 50 per cent of median income, by sex, age and persons with disabilities
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
Indicator 10.3.1: Proportion of population reporting having personally felt discriminated against or harassed in the previous 12 months on the basis of a ground of discrimination prohibited under international human rights law
Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality
Indicator 10.4.1: Labour share of GDP, comprising wages and social protection transfers
Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations
Indicator 10.5.1: Financial Soundness Indicators
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
Indicator 10.6.1: Proportion of members and voting rights of developing countries in international organisations
Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies
Indicator 10.7.1: Recruitment cost borne by employee as a proportion of monthly income earned in country of destination
Indicator 10.7.2: Number of countries with migration policies that facilitate orderly, safe, regular and responsible migration and mobility of people
Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements
Indicator 10.A.1: Proportion of tariff lines applied to imports from least developed countries and developing countries with zero-tariff
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
Indicator 10.B.1: Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)
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
Indicator 10.C.1: Remittance costs as a proportion of the amount remitted
SDG Goal 10: Reduced Inequalities - UNICEF DATA
SDG 10 Reduced inequalities | Class of 2030 | Investec
SDG 10: Targets and Indicators – Sustaining Development
BSG for SDG | SDG No. 10 | Reduced Inequalities
GOAL 10: Reduced inequalities | UNEP - UN Environment Programme
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