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
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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

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