SDG 10: Reduced Inequality
Goal 10: Reduce inequality within and among countries
Equality is essential for social harmony. However, a disproportionate share of global wealth remains concentrated among a small minority, leaving many at both financial and social disadvantages, making the already existing divisions and tensions much more deepened. To guarantee different nations opportunity to flourish, equality and prosperity must be secured regardless of gender, race, religious beliefs or economic status.
When every individual is self-sufficient, the entire world prospers. SDG 10 strives to reduce economic disparities within countries and between them, ensuring equal opportunities for success worldwide.
SDG's targets
Target 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.
Target 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.
Target 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.
Target 10.4: Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality.
Target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations.
Target 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.
Target 10.7: Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies.
Target 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.
Target 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.
Target 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.
To achieve SDG 10, NTU contributes to implementation of the following projects: