The EVALSDGs Guidance Working Group is happy to announce the newest EVALSDGs Insight #16 on “Monitoring Inequality and Inequality Reduction Policies – A New Indicator for SDG 10: Indicator 10.4.2“.
Growing and high levels of inequality, hamper economic growth, human development, and poverty reduction, jeopardising social cohesion and the implementation of the 2030 Agenda. Inequality, however, is not inevitable – to a large extent, policies determine the level of inequality. SMART indicators are therefore required to measure the positive and negative impact of policies on inequality and to track the distribution of resources and opportunities across an entire population. Indicators can be a key instrument for introducing, adapting, and evaluating decisions and policies. Until recently, SDG 10 (Reduce inequalities within and among countries) lacked a measure of the overall income distribution. In 2020, the Inter-Agency Expert Group on SDGs (IAEG-SDGs) included a new indicator for SDG 10 on reducing inequalities: the Redistributive Impact of Fiscal Policy indicator 10.4.2, which all countries are now expected to report on. This Insight highlights the opportunities and challenges that the inclusion of indicator 10.4.2 provides for policymakers and evaluators.
Download the Insight here.
All other EVALSDGs Insights can be found here: EVALSDGs Insights Series