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
Assessment Webinar
Reflections on Evidence-Based Grading Practices: What We Learned for Next Year
Get real insights on evidence-based grading from K-12 leaders.
Content provided by Otus
Artificial Intelligence K-12 Essentials Forum How AI Use Is Expanding in K-12 Schools
Join this free virtual event to explore how AI technology is—and is not—improving K-12 teaching and learning.
Federal Webinar Navigating the Rapid Pace of Education Policy Change: Your Questions, Answered
Join this free webinar to gain an understanding of key education policy developments affecting K-12 schools.

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 Trump Cut Teacher-Training Grants for Schools and Colleges. Now What?
Some educator-preparation programs have little hope of getting their money back, even if court cases advance.
10 min read
A man standing on the edge of a one dollar bill that is folded downward to look like a funding cliff.
iStock/Getty
Education Funding States Urge McMahon to Restore Federal Funds She Canceled Without Notice
New York's education department threatened legal action if the federal government doesn't restore pandemic relief funds.
10 min read
Person thinking to enter money maze puzzle.
iStock/Getty
Education Funding Schools Could Lose Millions in Federal Dollars After McMahon Changes Rules
The federal government has rescinded deadline extensions for a majority of states to spend remaining pandemic aid.
7 min read
Photo of calendar with pushpins on dates.
iStock
Education Funding States Get Antsy as Education Department Layoffs Delay Millions for Schools
Reimbursements for federal education aid are weeks late, according to state chiefs.
7 min read
Illustration of a clock and it's shadow is an hourglass with the symbol of money in the sand.
DigitalVision Vectors