Education Funding News in Brief

$10 Billion Campaign Launched to Educate Every Child by 2030

By The Associated Press — May 29, 2018 1 min read
  • Save to favorites
  • Print

A campaign to raise $10 billion to ensure that every child around the world gets a secondary school education by 2030 has received support from the United Nations chief, global and regional banks, and 11.5 million young people who are calling for the biggest education investment in history.

Youth activists this month delivered a petition to U.N. Secretary General António Guterres that calls on world leaders to launch a new International Finance Facility for Education that can provide the additional money to help send millions of marginalized boys and girls to school.

U.N. Special Envoy for Education Gordon Brown said more than 260 million children are not attending school today, and if current trends continue, 400 million won’t be educated beyond age 11 by 2030.

The World Bank, the Inter-American Development Bank, African Development Bank, Asian Development Bank, and the European Bank for Reconstruction and Development issued a joint statement committing to move forward on the $10 billion financing.

A version of this article appeared in the May 30, 2018 edition of Education Week as $10 Billion Campaign Launched to Educate Every Child by 2030

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
College & Workforce Readiness Webinar
Smarter Tools, Stronger Outcomes: Empowering CTE Educators With Future-Ready Solutions
Open doors to meaningful, hands-on careers with research-backed insights, ideas, and examples of successful CTE programs.
Content provided by Pearson
Reading & Literacy Webinar Supporting Older Struggling Readers: Tips From Research and Practice
Reading problems are widespread among adolescent learners. Find out how to help students with gaps in foundational reading skills.
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Reading & Literacy Webinar
Improve Reading Comprehension: Three Tools for Working Memory Challenges
Discover three working memory workarounds to help your students improve reading comprehension and empower them on their reading journey.
Content provided by Solution Tree

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Funding ‘Terminated on a Whim’: The AFT Sues Trump’s Ed. Dept. Over Funding Cuts
The AFT and a Chicago-area nonprofit argue the cuts happened without following required procedures.
Randi Weingarten speaks at a press conference at Murrell Dobbins Career & Technical Education High School in Philadelphia, Pennsylvania on September 2, 2025.
Randi Weingarten, the president of the American Federation of Teachers, speaks at a press conference in Philadelphia on Sept. 2, 2025. Weingarten says that cuts to federal education funds by the Trump administration "are only hurting young people."
Rachel Wisniewski for Education Week
Education Funding School Mental Health Projects Canceled by Trump Might Still Survive
The end of funding could still be days away, but a new court order offers some hope for grantees.
6 min read
Reducing, removing or overcoming financial barriers, financial concept : US dollar bag on a maze puzzle.
William Potter/iStock
Education Funding 'A Gut Punch’: What Trump’s New $168 Million Cut Means for Community Schools
School districts in 11 states will imminently lose federal funds that help them cover staff salaries.
10 min read
Genesis Olivio and her daughter Arlette, 2, read a book together in a room within the community hub at John H. Amesse Elementary School on March 13, 2024 in Denver. Denver Public Schools has six community hubs across the district that have serviced 3,000 new students since October 2023. Each community hub has different resources for families and students catering to what the community needs.
Genesis Olivio and daughter Arlette, 2, read a book in one of Denver Public Schools' community hubs in March 2024. The community hubs, which offer food pantries, GED classes, and other services, are similar to what schools across the country have developed with the help of federal Community Schools grants, many of which the U.S. Department of Education has prematurely terminated.
Rebecca Slezak For Education Week
Education Funding Federal Funds for Community Schools Fall Victim to a New Round of Trump Cuts
The latest round of grant cuts hits a program that helps schools provide more social services on site.
6 min read
Parents attend a basic facts bee at Stevenson Elementary School in Southfield, Mich., on Feb. 28, 2024.
Parents attend a "basic facts" bee at Stevenson Elementary School in Southfield, Mich., on Feb. 28, 2024. The school has been a recipient of a federal Full-Services Community Schools grant that has allowed it to add an on-site health clinic, a parent-resource room, a therapy dog, and other services parents would otherwise have to seek elsewhere.
Samuel Trotter for Education Week