Our Commitment for the Sustainable World: Eradicate Poverty & Inequality

Our Commitment for the Sustainable World: Eradicate Poverty & Inequality

Sustainable Development Goals (SDGs) are adopted by the Member States of United  Nations for the period 2015-2030 which aim better world for all of us. The World We Want: A Guide to the Goals for Children & Young People was prepared by the UNICEF to help us understand the Goals, how they impact our own life & what we can do in our everyday life to help our self and the global community to achieve these goals.

The Goals aims to solve the problems related to people, planet, health,
equality & bring peace, prosperity and partnership. We can reach these goals 
only with the help of people around the world. It is important to know what 
steps should we take to improve the life for all & how we can work together to 
help achieve Goals. -UNICEF
We must also take positive actions in our own lives that contribute towards 
sustainable development like having respect for other people & for the planet.

No Poverty

SDG 1: End poverty in all it’s forms everywhere

To achieve Goal 1, States have agreed to:

  • Ensure that everyone in society is protected against things like unemployment and has access to support services like medical care. This is called social protection and is especially meant to protect and support the poorest and most vulnerable people.
  • Ensure resources are allocated to implement social policies that help people who have less money to still have equal access to basic services, labour, land, technology and be able to create companies to grow economically.
  • Build the resilience of people with less money so that they are better protected from climate-related extreme events, like floods and droughts, and other economic, social and environmental shocks.

The 2030 Agenda acknowledged the importance of eradicating poverty in all its forms and dimension & consider it as the greatest global challenge and an indispensable requirement for sustainable development.

This first Sustainable Development Goal aims to “End poverty in all its forms everywhere”. Its seven associated targets aims, among others, to eradicate extreme poverty for all people everywhere, reduce at least by half the proportion of men, women and children of all ages living in poverty, and implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable.

Reduced Inequality

Goal 10: Reduce inequalities within and among countries
To achieve Goal 10, States have agreed to:

  • Provide support for people living in poverty to have access to support for rapid and sustainable economic growth.
  • Ensure laws and practices do not discriminate against any group, but rather listen to people’s needs and the input of those who are affected.
  • Ensure laws and social programs protect disadvantaged and vulnerable people. For example, when establishing quotas in a political party, youth, women, indigenous peoples, and persons with disabilities must also be included.
  • Ensure people who leave one country to live in another benefit from laws to protect them

Sustainable Development Goal 10 aims at reducing inequality within and among countries. Inequality exist in various forms, such as economic, sex, disability, race, social inequality, etc. Issues associated with social and economic development and environmental justices are often inseparable with inequality.

This SDG 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. The goal also addresses inequalities among countries, including those related to representation, migration and development assistance. The Goal has ten targets to be achieved by 2030.

1: Targets

1.1 By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a day

1.2 By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions

1.3 Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable

1.4 By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance

1.5 By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters

1.A Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensions

1.B  Create sound policy frameworks at the national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actions

 

SDG 10: Targets

10.1 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

10.2 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

10.3 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

10.4 Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality

10.5 Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations

10.6 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

10.7 Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies

10.A Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements

10.B 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

10.C 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

Progress on SDG 1 & 10

Sustainable Development Goal 1: “End poverty in all its forms everywhere”

Though the Extreme Poverty rates have fallen by more than half since 1990. While this is a remarkable achievement, one-in-five people in developing regions still live on less than $1.90 a day. Millions more make little more than this daily amount and are at risk of slipping back into extreme poverty.

Sustainable Development Goal 1 (SDG1) aims to eradicate extreme poverty by 2030. The visualizations and data below is taken from the sdg tracker.org  Latest data on the progress is taken from the UN SDG Report 2021 Statistical Annex & the Our World in Data.

The UN has defined 7 Targets and 14 Indicators for SDG 1. Targets specify the goals and Indicators represent the metrics by which the world aims to track whether these Targets are achieved. The progress is shown below in tabular, graphical and text form.

Target 1.1: 

By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.90 a day.

Progress:

SDG INDICATOR 1.1.1

Definition: Indicator 1.1.1 is the proportion of population below the international poverty line, by sex, age, employment status and geographical location (urban/rural).

The “international poverty line” is defined as $1.90 per day (updated from the previous poverty line of $1.25 to $1.90 in 2015).

This poverty line is measured in “international dollars” which are a hypothetical currency that adjusts for price differences between countries (purchasing power parity) and it is measured in prices of 2011 to adjust for price changes over time (inflation).

The World Bank noted that for the first time in a generation, the quest to end poverty has suffered a setback.Global extreme poverty rose in 2020 for the first time in over 29 years because of COVID-19 pandemic resulting in increasing conflicts. Due to pandemic itself about 100 million people are living in poverty. The World Bank further states that in 2018, four out of five people below the international poverty line lived in rural areas.

  • Majority of them are children, women uneducated people.
  • About 70 percent of the global poor aged 15 and older have no schooling or only some basic education.
  • Almost half of poor people in Sub-Saharan Africa live in just five countries: Nigeria, the Democratic Republic of Congo, Tanzania, Ethiopia, and Madagascar.
  • More than 40 percent of the global poor live in economies affected by fragility, conflict and violence & 132 million of the global poor live in areas with high flood risk.

The “new poor” probably will:

  • Be more urban than the chronic poor.
  • Be more engaged in informal services and manufacturing and less in agriculture.
  • Live in congested urban settings and work in the sectors most affected by lockdowns and mobility restrictions.
  • Middle-income countries such as India and Nigeria will be significantly affected.
  • Middle-income countries may be home to about 80 percent of the new poor.
  • New research estimates that climate change will drive 68 million to 132 million into poverty by 2030.
  • Climate change is a particularly acute threat for countries in Sub-Saharan Africa and South Asia — the regions where most of the global poor are concentrated.

Solutions

The World Bank predict that without an adequate global response, the cumulative effects of the pandemic and its economic fallout, armed conflict, and climate change will trigger high human and economic loss into the future.

The latest research suggests that the effects of the current crisis will almost certainly be felt in most countries through 2030. Under these conditions, the goal of bringing the global absolute poverty rate to less than 3 percent by 2030, which was already at risk before the crisis, is now beyond reach without swift, significant, and substantial policy action.

History shows that urgent and collective action can help us tackle this crisis – The World Bank

 

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