With more than $50 million already pledged from sovereign donors, foundations and philanthropists, GPE's "Multiply Possibility" campaign aims to mobilize $5 billion and unlock an additional $10 billion to transform learning for 750 million children. The campaign will also help countries grow their own domestic education budgets, driving a shift toward sustainable, nationally led education financing.
Education is one of the smartest investments a country can make, and a multiplier that accelerates progress across all development goals - from health and equality to climate action and economic growth. Over the past four decades, education has contributed to half of global economic growth and 40% of global extreme poverty reduction.
The financing campaign comes at a pivotal moment. The largest generation of young people in history is coming of age. By 2040, nearly 900 million young people across 91 current GPE partner countries will enter the workforce. This represents an unprecedented opportunity - a quality education can equip these young learners with the knowledge and skills they will need to drive global growth, stability, and innovation. Yet more than 270 million children remain out of school, two thirds of whom are in GPE partner countries. Almost 90% of 10-year-old children in low-income countries cannot read and understand a simple text.
Education is a powerful driver of peace. One extra year of education can reduce the risk of conflict by up to 20 percent, with particularly powerful effects when girls and women learn ...
