Eight-web

The aim is for sustainable economic growth and decent employment for all.

Global Goal 1 seeks to end poverty in all its forms everywhere by 2030. This is a multifaceted and very ambitious task that will demand a joint effort from the global community. A determining factor in the success of this quest is setting the conditions for sustainable economic growth.

Currently, being employed does not guarantee an individual will be able to stay above the poverty like - Photo Credit: Wikipedia

Currently, 2.2 billion people live on less than $2 a day, and roughly half the world’s population lives on precisely that amount. Moreover, about 202 million were unemployed in 2012, with 75 million being young men and women. It is also expected that the global community will need to create 470 million jobs in order to meet the needs of new entrants to the job market between 2016 and 2030. The numbers are big, even without taking into account the number of people who are employed but do not make enough to stay above the poverty line (UN, 2015)

Lifting all people out of poverty is a herculean mission, however, its solution is quite obvious. To end poverty, the global community must give those living below the poverty line the tools to fend for themselves. Sustainable economic growth encompasses creating quality jobs and opportunities, as well as decent working conditions, for all working-age people. The aim of this is stimulating the economy in a responsible way, so as not to deplete the available resources or damage the environment.

Sustainable economic growth is goal #8 on the Agenda for Sustainable Development. Let’s see what it’s about:

GLOBAL GOAL 8: PROMOTE SUSTAINED, INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH, FULL AND PRODUCTIVE EMPLOYMENT AND DECENT WORK FOR ALL

Source: 2030 Agenda for Sustainable Development

Photo Credit: GlobalGoals.org

Sustainable economic growth, as described above, is set to be accomplished by following these two guidelines:

One of the basic social contracts in democratic societies is that all must share in progress (UN, 2016) and it is being broken all across the globe. All countries need to secure sustainable economic growth in order to provide stable, well-paid jobs for all working-age people so poverty can truly be ended.