Sustainable Development Goals Questions Long
The goal of SDG 10: Reduced Inequalities is to reduce inequalities within and among countries. This goal aims to address various forms of inequalities, including income inequality, gender inequality, social exclusion, and discrimination based on race, ethnicity, disability, or any other characteristic.
The specific targets of SDG 10 include:
1. By 2030, progressively achieve and sustain income growth of the bottom 40 percent of the population at a rate higher than the national average.
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.
3. Ensure equal opportunity and reduce inequalities of outcome, including through eliminating discriminatory laws, policies, and practices and promoting appropriate legislation, policies, and action in this regard.
4. Adopt policies, especially fiscal, wage, and social protection policies, and progressively achieve greater equality.
5. Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations.
6. Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions to deliver more effective, credible, accountable, and legitimate institutions.
7. Facilitate orderly, safe, regular, and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies.
8. Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements.
9. 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 programs.
10. By 2030, reduce to less than 3 percent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 percent.
To achieve these targets, SDG 10 emphasizes the importance of adopting policies that promote social protection, progressive taxation, and inclusive economic growth. It also highlights the need to address discriminatory laws and practices, promote equal access to basic services, and ensure the representation and voice of developing countries in global decision-making processes.
Reducing inequalities is crucial for sustainable development as it contributes to poverty eradication, social cohesion, and economic stability. By promoting equal opportunities and reducing disparities, SDG 10 aims to create a more just and inclusive society where everyone can thrive and contribute to the overall well-being of their communities and nations.