Funding the Future
The case for increased investment in basic education is unassailable. Education reduces poverty, creates more sustainable livelihoods, improves long-term health beneﬁts and makes men and women more equal.
In the lead up the Global Partnership’s replenishment conference global civil society has published an action plan aimed at helping to close the global education funding gap and delivering new resources to the Global Partnership for Education.
The case for increased investment in basic education is unassailable.
Education reduces poverty, creates more sustainable livelihoods, improves long-term health benefits and makes men and women more equal.
A lack of funding holds educational progress back
In spite of this, there are huge shortfalls in financing for education, which is leading to a crisis in education in low- and middle-income countries.
Across the developing world, 57 million children are still out of primary school, and an estimated 130 million children in school fail to acquire basic reading and numeracy skills, while another 120 million drop out within three years of starting.
Insufﬁcient funding is one of the main obstacles to solving these problems.
Urgent need to reduce declining donor funding for education
In 2000, the global community committed to ensure that no country seriously dedicated to achieving education for all should be held back due to a lack of resources. This promise has not been kept, and is in danger of slipping further away as more and more donors reduce their aid to education.
Furthermore, only a tiny fraction of this aid is being spent in low-income countries ($1.9 billion). In total, cuts made over the 2010 to 2011 period to the lowest income countries could have sent 1.1 million more children to school.
A critical opportunity
But this year the global community has a critical opportunity to reverse overall trends in financing for basic education, and to reaffirm commitments to financing education in the world’s poorest countries.
On June 26, 2014, developing country governments, donor governments, civil society, the teaching profession, foundations and the private sector will come together at the Global Partnership for Education’s (GPE) Replenishment Conference in Brussels. This offers a unique moment for the global community to reaffirm their collective commitments to education, and publicly afﬁrm pledges to fund the Global Partnership for Education’s work between 2015 and 2018.
Last week, the Global Campaign for Education along with other civil society partners launched ‘Fund the Future: An action plan for funding the Global Partnership for Education’ (PDF).
The action plan sets argues for increases in education funding in general and for additional financing for the Global Partnership during its next operating period (2015 – 2018), including the importance of setting an ambitious replenishment target.
Moving beyond business as usual
The Global Partnership for Education has estimated that a minimum of US$3.2 billion is necessary from the international community during the replenishment period 2015 to 2018, just to maintain the status quo (i.e. to maintain the existing ﬁnancing levels, which are below existing developing country demand). Given the increasing demand from developing countries, it is clear that a higher target will be necessary to meet future needs.
This would mean that 18.4 million children have a chance to get a quality basic education.
Civil society urges partners to adopt a target of at least US$4 billion
Given current demand and the pre-existing ﬁnancing gaps, a civil society partnership which includes all of the Global Campaign for Education’s members along with the Global Poverty Project and the Open Society Foundation has calculated that donors need to collectively commit to at least $4 billion over 4 years. This is just $1 billion per year, and far below the overall ﬁnance gaps.
Without it, millions of children will never see the inside of a classroom, or will drop out before they even learn the basics.
Time to tackle the crisis in education financing
The current gaps in education ﬁnancing have a direct and devastating impact on lives, depriving millions of girls and boys of quality education. This is not the time for donors and others to shy away from making bold ﬁnancial commitments in support of education in the coming years.
The first step in that process is for the board of the Global Partnership for Education to commit to a minimum of $4 billion in funds for the next operating period of the Global Partnership
Find out more about civil society’s efforts in support of education funding and the replenishment of the Global Partnership for Education at: http://www.fund-the-future.org/
(Originally published on The Global Partnership for Education website on 25 February 2014, https://www.globalpartnership.org/blog/funding-future)