SDG #10 Reduced Inequalities
Income inequality is on the rise: the richest 10 percent earn up to 40 percent of total global income. The poorest 10 percent earn only between 2 percent and 7 percent of total global income. In developing countries, inequality has increased by 11 percent, if we take into account the growth of population.
This growing gap between rich and poor requires the adoption of sound policies to empower the lowest percentile of income earners, and to promote economic inclusion of all regardless of sex, race or ethnicity.
Income inequality is a global problem that requires global solutions. This involves improving the regulation and monitoring of financial markets and institutions, encouraging development assistance and foreign direct investment to regions where the need is greatest. Facilitating the safe migration and mobility of people is also key to bridging the widening divide.