Why reducing inequalities is important sustainable development goal?
Summary of the video:
UN Sustainable Development Goal is not about the number; it is a way of living where we raise our voices to bridge social and economic gaps and try to create a world with reduced inequalities.
Goal 10 calls for reducing income and outcome inequalities by ensuring equal opportunities and promoting all social, economic, and political inclusion, regardless of age, sex, disability, race, ethnicity, religion, or another social status. The Goal aims to increase developing countries' voice in international decision-making.
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About This video:
Inequalities in human development hurt economies, preventing people from reaching their full potential at work and in life. Inequalities in human development hinder the 2030 Agenda for Sustainable Development.
What does this goal want to achieve by 2030?
1. To achieve and sustain lower-income growth above the national average.
2. To promote social, economic, and political inclusion for all, regardless of age, sex, disability, race, ethnicity, origin, religion, or financial status. Equal pay for males and females.
3. Transgender employment rate to male employment rate
4. Adopt fiscal, wage, and social protection policies to increase equality.
5. Improve global financial market regulation, monitoring, and implementation.
6. Improve developing countries' representation and voice in global economic and financial institutions to make them more effective, credible, accountable, and legitimate.
7. Promote orderly, safe, regular, responsible migration and mobility through well-planned migration policies.
8. Implement special and differential treatment for developing countries, especially LDCs, per WTO agreements.
9. Encourage official development assistance and financial flows, including foreign direct investment, to least developed countries, African countries, small island developing states, and landlocked developing countries, according to their national plans and programmes.
10. Reduce migrant remittance transaction costs to 3% by 2030 and eliminate 5% corridors.
Source: UNADAP
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