Reduce inequality within and among countries.

The goal address the need to reduce inequality in and between countries. Income inequality must be reduced and discrimination must be eliminated through policies and legislation. Migration must take place responsibly and safely, and the most vulnerable groups must be more closely involved in social, economic and political decisions.

Equality is important to ensure the cohesion of a society. It applies in Greenland, as well as in the rest of the world, to create the best opportunities for social mobility for both the individual, families and population groups. It is important to have a well-designed interplay in social benefits and the tax system that can help support an overall policy aimed at promoting equality and balance in society.

It created attention when the Organization for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF) published the report "In it together" in 2015. In the report, the two economic heavyweight institutions concluded that less inequality will benefit everyone, ie. for both rich and poor, and that we do not have to choose between economic growth or fighting inequality. The two things can go hand in hand. In fact, the report concludes that inequality directly hampers economic growth because people in poverty are unable to reach their potential and thus cannot assist the economy. Thus, the ever-increasing inequality in the world is not 'just' a philosophical question of what is fair and desirable, it also becomes a question of what is economically advantageous.

Too much of the world’s wealth is held by a very small group of people. This often leads to financial and social discrimination. In order for nations to flourish, equality and prosperity must be available to everyone - regardless of gender, race, religious beliefs or economic status. When every individual is self sufficient, the entire world prospers.

Statistics

Here are a few indicators for this goal that it is possible to measure today. In the near future, Statistics Greenland will publish an SDG 2030 subpage for stat.gl with various available statistics relevant to the work on the SDG 2030 agenda.

Labour share of GDP in 2018 - Compensation of employees (resident producers' expenditure) over GDP in current prices
Source: Grønlands Statistik

54 %

Global indicator (10.4.1) Labour share of GDP, comprising wages and social protection transfers

News

Every day, people are taking action to make sure this Global Goals is met. See what’s been going on below.

The targets

Everyone can help to make sure that we meet the Global Goals. Use these ten targets to create action to reduce inequalities.

Target 10.1 – Reduce Income Inequalities

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 – 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 10.a – 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 Organization agreements.

Target 10.b – 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 10.c – Reduce Transaction Costs for Migrant Remittances

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.