Education
WE PROTECT AND SUPPORT YOUR PROJECT
Although access to education is improving around the world, 260 million children, or one- fifth of the global school-age population, are still out of school.
More than 80% of these children are in low-income countries, where access to education has stagnated for nearly eight years; even those able to secure access are grappling with poor learning outcomes and weak educational infrastructure.
Expenditure on education in low-income and lower-middle-income countries will have to more than double to $3 trillion by 2030 from $1.2 trillion currently1 to reach the United Nations’ Sustainable Development Goal of providing universal access to education.
Despite the requirement of public spending to double and “Official Development Assistance (ODA)” to quadruple, there will remain a sizable funding gap, and private social and developmental capital will have a large role to play.
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