ILO Reports Sluggish Progress Towards SDG 8
The International Labour Organization (ILO) has issued a policy brief stating that the world is falling significantly behind in achieving Sustainable Development Goal 8 (SDG 8), which seeks to promote sustainable economic growth, full employment, and decent work for all. According to the ILO’s analysis, nearly two-thirds of the SDG 8 indicators show insufficient progress, and the international community is as far from reaching the targets as it was in 2015.
ILO emphasizes the need for increased multilateral and national action, integrated policies, and whole-of-government and whole-of-society approaches to make headway on 12 key indicators. The organization highlights that progress is not happening at the required speed or scale and calls for a circular cumulative process to achieve balanced development.
What is the primary focus of Sustainable Development Goal 8 (SDG 8)?
SDG 8 aims to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. It encompasses economic, social, and environmental dimensions, emphasizing balanced development.
What measures does the ILO recommend to accelerate progress on SDG 8?
The ILO suggests implementing policies supporting a just transition to environmentally sustainable economies, fostering multilateral and national action, addressing unsustainable debt burdens, and enhancing fiscal space for developing countries. These measures should enable investment in social and labor protection, employment, youth employment, and gender equality.
What is the role of multilateral and national action in achieving SDG 8?
Multilateral and national action is crucial for advancing SDG 8. It involves integrated policies, whole-of-government and whole-of-society approaches, and additional support for social protection, employment, and social justice, particularly in low-income and lower-middle-income countries.
How does SDG 8 relate to the broader 2030 Agenda for Sustainable Development?
Progress on SDG 8 is instrumental in strengthening the overall pace and pattern of sustainable development, aligning with the objectives of the entire 2030 Agenda for Sustainable Development. It underscores the interconnectedness of sustainable economic growth, employment, and social and environmental well-being.
Month: Current Affairs - September, 2023
Category: International / World Current Affairs