{"id":9807,"date":"2022-07-06T15:35:54","date_gmt":"2022-07-06T15:35:54","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally"},"modified":"2022-07-06T16:14:37","modified_gmt":"2022-07-06T16:14:37","slug":"inclusive-growth-remains-elusive-as-inequality-persists-globally","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally","title":{"rendered":"Inclusive growth remains elusive as inequality persists globally"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>The fourth edition of UNCTAD\u2019s SDG Pulse released on 21 June shows that the world is highly unequal in living conditions, with development opportunities beyond the reach of many. <\/b><\/p>\n

The report introduces an index measuring inclusive growth, defined as equal and non-discriminatory opportunities for everyone to participate in, and benefit from, economic development.<\/p>\n

The Inclusive Growth Index (IGI) analyses countries\u2019 ability to achieve such growth, with a focus on gender equality and environmental sustainability.<\/p>\n

\u201cThe new UNCTAD Inclusive Growth Index puts people and the planet at the centre of attention,\u201d said UNCTAD Secretary-General Rebeca Grynspan.<\/p>\n

\u201cIt will help to guide more holistic policies that pursue wellbeing for everyone today and in the future,\u201d Ms. Grynspan added.<\/p>\n

Uneven progress<\/b><\/p>\n

The SDG Pulse \u2013 an online statistical report updated annually \u2013 indicates uneven global progress and, for too many countries and goals, even reversion in accomplishing the 2030 Agenda for Sustainable Development.<\/p>\n

It shows that progress has deteriorated under the compounding effects of the COVID-19 pandemic, the war in Ukraine and the rising costs of climate change.<\/p>\n

The analysis is based on a range of Sustainable Development Goals (SDGs) indicators and official statistics relevant to trade, investment, financing for development, transport, technology and transition towards greener and higher value-added economy.<\/p>\n

Disparities across countries<\/b><\/p>\n

The index\u2019s top 30 performers are all developed economies, with Luxembourg, Iceland and Norway leading the global ranking. In contrast, developing countries in Africa have the lowest IGI scores.<\/p>\n

It shows that many in Africa lack safe drinking water and only 1% of the population in some countries of the world has broadband internet access.<\/p>\n

In terms of gender equality, 12 developing countries \u2013 seven from sub-Saharan Africa \u2013 made outstanding progress between 2009 and 2020. On average, Latin America was the best-performing developing region in that dimension.<\/p>\n

\u201cThe index underlines the insufficiency of economic growth as the sole measure of progress,\u201d said Anu Peltola, who heads UNCTAD\u2019s statistics work.<\/p>\n

\u201cWe need more comprehensive and balanced metrics to guide national and global efforts to close persistent gaps within and across countries and to address the pressing inequalities of opportunity and outcome,\u201d Ms. Peltola added.<\/p>\n

Towards higher growth with low waste<\/b><\/p>\n

The SDG Pulse shows that developed countries generate twice as much waste per capita as developing countries.<\/p>\n

Economies faring well in gender equality, living conditions and economic development \u2013 many from Europe and North America \u2013 produce the highest amount of solid waste per capita.<\/p>\n

Developing nations in Africa are responsible for the least waste per capita, but often face challenges in waste management, for instance due to limited institutional and organizational capacity.<\/p>\n

\u201cLooking at these statistics, the question that arises is how to help developing countries move towards higher inclusive growth without entering the high waste path,\u201d Ms. Peltola said.<\/p>\n

So far, only a few countries have succeeded in decoupling solid waste generation from economic growth \u2013 Singapore is one example.<\/p>\n

The Southeast Asian city state, which scores 81 out of 100 in the IGI\u2019s economic pillar, only generates 0.89 kilograms of waste per capita per day.<\/p>\n

Stepping up efforts for sustainable, inclusive development<\/p>\n

The SDG Pulse also illustrates UNCTAD\u2019s support to member states in implementing the 2030 Agenda aimed at leaving no one behind.<\/p>\n

In 2021, UNCTAD\u2019s technical cooperation work had more than $46 million in expenditure, delivered through 217 projects across 74 countries.<\/p>\n

These projects boosted progress towards the global goals on partnerships (Goal 17); industry, innovation and infrastructure (Goal 9); life on land (Goal 15); and decent work and inclusive economic growth (Goal 8).<\/p>\n

Measuring progress with SDG indicators<\/p>\n

Endorsed by the UN General Assembly, UNCTAD is a custodian agency and partner for nine SDG indicators related to trade, tariffs, development finance, debt, investment, illicit finance and enterprise sustainability.<\/p>\n

Together with partners and countries, UNCTAD has developed globally agreed concepts and methods to track progress with these indicators and helped countries to effectively target policy efforts towards meeting the SDGs.<\/p>\n

In the past year, UNCTAD held 30 national workshops in Africa and Asia to help track and curb illicit financial flows. This work is critical to stemming the drain of much-needed resources for essential services in poorer economies.<\/p>\n

In March, the UN Statistical Commission adopted a new SDG indicator to measure financing for development, assigning UNCTAD and the Organisation for Economic Co-operation and Development as co-custodians. In this role, UNCTAD will help developing countries measure financial resources for sustainable development, with a new voluntary framework on South-South cooperation to serve as a data source for the indicator.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. The fourth edition of UNCTAD\u2019s SDG Pulse released on 21 June shows that the world is highly unequal in living conditions, with development opportunities beyond the reach of many. The report introduces an index measuring inclusive growth, defined as equal and non-discriminatory opportunities for everyone to participate in, and benefit from, economic […]<\/p>\n","protected":false},"author":84,"featured_media":9806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,237,234],"class_list":["post-9807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nInclusive growth remains elusive as inequality persists globally - Botswana<\/title>\n<meta name=\"description\" content=\"The fourth edition of UNCTAD\u2019s SDG Pulse released on 21 June shows that the world is highly unequal in living conditi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inclusive growth remains elusive as inequality persists globally\" \/>\n<meta property=\"og:description\" content=\"The fourth edition of UNCTAD\u2019s SDG Pulse released on 21 June shows that the world is highly unequal in living conditi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-06T15:35:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-06T16:14:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/07\/postQueueImg_34.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"443\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Inclusive growth remains elusive as inequality persists globally\",\"datePublished\":\"2022-07-06T15:35:54+00:00\",\"dateModified\":\"2022-07-06T16:14:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally\"},\"wordCount\":751,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/07\/postQueueImg_34.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/inclusive-growth-remains-elusive-as-inequality-persists-globally\",\"name\":\"Inclusive growth remains elusive as inequality persists globally - 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