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SDG 10 promotes a more equitable world by calling for reducing inequality within and among countries. One indicator of our progress toward this goal is income inequality, which can be measured by the so-called Gini index.
SDG 8 aims to promote sustained, inclusive, and sustainable economic growth, full employment, and decent work for all. But COVID-19 caused the deepest global recession in decades, reducing global GDP by 3.1 percent in 2020.
SDG 6 calls for ensuring availability and sustainable management of water and sanitation for all. Although global access to clean water has increased in recent decades, population growth and climate change threaten to aggravate water scarcity in many countries.
SDG 5 calls for achieving gender equality and empowering all women and girls. But progress toward these aspirations is hindered by gender-driven inequalities, like gendered roles in the household leading women to spend far more time on unpaid and domestic work than men.
Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.