The Goal also addresses inequalities among countries, including those related to representation, migration and … 10) and lack of development in some regions (SDG Nos. Goal 10 calls for reducing inequalities in income as well as those based on age, sex, disability, race, ethnicity, origin, religion or economic or other status within a country. Goal 10: Reduced inequalities. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. If we take into account population growth inequality in developing countries, inequality has increased by 11 percent. Equality before the law is crucial for gender equality but is no guarantee of equality in practice. Equality is not only giving equal opportunities, it is to ensure the equal outcomes. Goal 10: Reduced Inequalities 2. There is extreme gap between the formal equal right and equality in practice. In September 2015, all 193 Member States of the United Nations adopted a plan for achieving a better future for all — laying out a path over the next 15 years to end extreme poverty, fight inequality and injustice, and protect our planet. The richest 1% of the world’s population now control up to 40% of global assets, while the poorest half owns just one per cent. Addressing these and other risks can make good business sense as stakeholders hold companies accountable for their role in creating or exacerbating these risks. SDG 10: Reduce inequality within and among countries. 16), inequality (SDG No. Sdgs goal 10 REDUCE INEQUALITIES 1. The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Income inequality is on the rise—the richest 10 percent have up to 40 percent of global income whereas the poorest 10 percent earn only between 2 to 7 percent. The role of business Inequalities in income and wealth are severe and have been widening globally. This SDG calls for reducing inequalities in income as well as those based on age, sex, disability, race, ethnicity, origin, religion or … Extreme poverty declined from nearly 36% of humankind to just 10% between 1990-2015. We need to step up action though because progress is slowing and still more than 700 million live on less than $1.90 — a statistic that shouldn’t exist in a world with so much wealth. Learn more about SDG 10 Reduce inequality within and among countries: By disproportionately affecting the poorest and most vulnerable groups, climate change and `natural` disasters contribute to exacerbate existing inequalities within and across countries. 1, 2, 3 and 4) limit the potential of these emerging markets. 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