On 25 September 2015, all United Nations Member States adopted a new Sustainable Development Agenda which provides a framework to end poverty, protect the planet, and ensure prosperity for all by 2030. It outlines 17 goals with the greatest challenges of the 21st century requiring deep structural, regulatory and behavioural transformation.
Every year, the UN presents an annual SDG Progress Report, based on the global indicator framework and data produced by national statistical systems and information collected at the regional level. The latest report, published this year, reveals that progress is acutely off track and most targets remain unmet. Rigorous, timely and age-disaggregated data is paramount for monitoring and measuring progress towards the SDGs and its associated targets.
SUSTAINWELL produces specific data (National Transfers Accounts, NTA) including private transfers, consumption and production. It allows to measure the impact of changes in population age structures, assess the impact of past financial crisis and the COVID-19 pandemic on the age pattern of production, consumption, transfers, and savings. The data will be key to inform inclusive policies and programmes and formulate solutions when needed to improve the lives of present and future generations. The combination of both NTA and NTTA (National Time Transfer Accounts) methodologies allows us to compare gender differences in the market and non-market production and consumption, and in the distribution of transfers over the life cycle. Implementing this accounting logic into a dynamic microsimulation model enable us to simulate the lifecycle and consider not only inter-, but intragenerational income redistribution on welfare state policies.
Read more about what SGDs SUSTAINWELL can contribute to here