Goal 10: Reduce Inequalities
Objective: Reduce inequality within and among countries
Why it matters: Income inequality is on the rise, with the richest 10% earning up to 40% of total global income. The poorest 10% earn only between 2% and 7% of total global income. At the current rate of progress, the World Economic Forum says it will take 217 years to close the gender gap in employment opportunities and pay.
Target 10.1: Reduce income inequalities
By 2030, progressively achieve and sustain income growth of the bottom 40% of the population at a rate higher than the national average.
Target 10.2: Promote universal social, economic and political inclusion
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 opportunities and end discrimination
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 fiscal and social policies that promotes equality
Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality.
Target 10.5: Improved regulation of global financial markets and institutions
Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations.
Target 10.6: Enhanced representation for developing countries in financial institutions
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: Responsible and well-managed migration policies
Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies.
Target 10A: Special and differential treatment for developing countries
Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organisation agreements.
Target 10B: Encourage development assistance and investment in least developed countries
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 10C: Reduce transaction costs for migrant remittances
By 2030, reduce to less than 3% the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5%.