GOAL 10: Reduce inequality within and among countries
- 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
SDG Progress and Industry Notes
Progress
The 2017 Report of the Secretary-General on Progress towards the Sustainable Development Goals, notes that “[p]rogress in reducing inequality within and among countries has been mixed. The voices of developing countries still need to be strengthened in decision making forums of international economic and financial institutions. Moreover, while remittances can be a lifeline for families and communities of international migrant workers in their countries of origin, the high cost of transferring money continues to reduce such benefits.”
See Link
SDG 10 will be reviewed at the 2019 HLPF.
Industry Notes
Rising inequality, including income inequality, is on the rise and tops most global risk barometers. The most recent World Economic Forum’s annual global risks report ranked rising income and wealth disparity, and increasing polarisation of sectors of society, as first and third among the underlying trends that will determine the shape of the world in the next decade. Apparel and Textiles can help advance this goal through the enforcement of policies and practices that ensure human rights are protected, fair wages are paid, and discriminatory practices are eliminated. To learn more, see resources under SDG 8, SDG 10 and SDG 12.