European Sustainable Development Week Events on SDG 10: Reduced Inequalities

Out of the over 4,200 events that will be taking place all over Europe during the ESDW 2019, 186 events currently address SDG 10: Reduced Inequalities, which seeks to reduce inequality within and among countries.

Out of the over 4,200 events that will be taking place all over Europe during the ESDW 2019, 186 events currently address SDG 10: Reduced Inequalities, which seeks to reduce inequality within and among countries.

SDG 10 aims to:

  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.
  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 by 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 in order 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.

Progress being made towards achieving SDG 10

  • Efforts have been made in some countries to reduce income inequality, increase zero-tariff access for exports from LDCs and developing countries, and provide additional assistance to LDCs and small island developing States (SIDS). However, progress will need to accelerate to reduce growing disparities within and among countries.
    • Between 2010 and 2016, in 60 out of 94 countries with data, the incomes of the poorest 40 per cent of the population grew faster than those of the entire population.
    • In 2016, over 64.4 per cent of products exported by LDCs to world markets and 64.1 per cent of those from SIDS faced zero tariffs, an increase of 20 per cent since 2010. Developing countries overall had duty-free market access for about 50 per cent of all products exported in 2016.
    • In 2016, receipts by developing countries from member countries of the Development Assistance Committee of the OECD, multilateral agencies and other key providers totalled $315 billion; of this amount, $158 billion was ODA. In 2016, total ODA to LDCs and SIDS from all donors totalled $43.1 billion and $6.2 billion, respectively.
    • Based on provisional data, among the $613 billion in total remittances recorded in 2017, $466 billion went to low- and middle-income countries. While the global average cost of sending money has gradually declined in recent years, it was estimated at 7.2 per cent in 2017, more than double the target transaction cost of 3 per cent.

To find out  more about the ESDW Events dealing with SDG 10: Reduced Inequalities, please visit the Activities section on the ESDW website.

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