Sustainable Development Goal 8 focuses on promoting sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. This goal encompasses various targets aimed at achieving decent work conditions, fostering entrepreneurship, and ensuring equal access to economic opportunities. Here are some key aspects of Goal 8:
Promote sustained economic growth: This involves fostering economic productivity and efficiency to ensure steady and sustainable economic expansion, particularly in developing countries.
Achieve full and productive employment: The goal emphasizes the importance of creating employment opportunities for all individuals, including women and young people, and ensuring decent working conditions.
Decent work for all: It seeks to ensure that all workers, regardless of their gender, ethnicity, or social background, have access to safe and secure employment with fair wages, social protections, and opportunities for personal and professional development.
End modern slavery and human trafficking: Targeting the eradication of forced labor, human trafficking, and child labor in all its forms by 2030.
Promote entrepreneurship and innovation: Encouraging policies and measures that facilitate entrepreneurship, creativity, and innovation, which are essential drivers of economic growth and job creation.
Ensure equal opportunities: Goal 8 aims to eliminate discrimination in the workplace and promote equal access to economic resources and opportunities for all individuals, regardless of their background or circumstances.
Improve resource efficiency and environmental sustainability: While promoting economic growth and job creation, Goal 8 also emphasizes the importance of ensuring that these activities are carried out in a sustainable manner that preserves natural resources and minimizes environmental impact.
Overall, Sustainable Development Goal 8 aims to create a more inclusive, equitable, and sustainable global economy where everyone has the opportunity to contribute to and benefit from economic growth and development.
Sub-target 8.1
Ensure sustained economic growth, in line with national circumstances, particularly for the least developed countries, aiming for an annual GDP growth rate of at least 7 percent.
Sub-target 8.2
Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation, including through a focus on high-value-added and labor-intensive sectors.
Sub-target 8.3
Promote policies that encourage entrepreneurship, job creation, creativity, and innovation, and provide support for the growth of micro, small, and medium-sized enterprises, including through access to financial services.
Sub-target 8.4
Improve resource efficiency in consumption and production and endeavor to decouple economic growth from environmental degradation in accordance with the 10-year framework of programs on sustainable consumption and production, with developed countries taking the lead by 2030.
Sub-target 8.5
Achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value by 2573.
Sub-target 8.6
Substantially reduce the proportion of youth not in employment, education, or training by 2563.
Sub-target 8.7
Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor, including recruitment and use of child soldiers, and by 2568 end child labor in all its forms.
Sub-target 8.8
Protect labor rights and promote safe and secure working environments for all workers, including migrant workers, particularly women migrants, and those in precarious employment.
Sub-target 8.9
Develop and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products by 2573.
Sub-target 8.10
Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance, and financial services for all.