Reduce inequality within and among countries

By 2030, the goal is to progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average but also to 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. By 2030, the transaction costs of migrant remittances has to be reduced to less than 3 per cent and remittance corridors eliminated with costs higher than 5 percent. This goal includes ensuring equal opportunity, reducing inequalities of outcome and adopting policies and progressively achieving greater equality. It is also to improve the regulation monitoring of global financial markets and institutions, to strengthen the implementation of such regulations and to ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions. The goal includes facilitating orderly, safe, regular and responsible migration and mobility of people, implementing the principle of special and differential treatment for developing countries and encouraging official development assistance and financial flows.

 
 
We cannot seek achievement for ourselves and forget about progress and prosperity for our community... Our ambitions must be broad enough to include the aspirations and needs of others, for their sakes and for our own
— Cesar Chavez

Targets

  • 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
  • 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
  • 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
  • Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality
  • Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations
  • 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
  • Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies
  • Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements
  • 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
  • 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