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Global Fund for Education

To ensure that 72 million out-of-school children have access to a quality education, to stem the tide of an ever-growing education funding gap, and to increase literacy for millions of women, the U.S. should provide bold leadership for a Global Fund for Education.  During his presidential campaign, President Obama pledged $2 billion for a global education fund. And last year the president reaffirmed U.S. commitment to achieving the Millennium Development Goals by 2015.

2010 is the year for the U.S. to lead the way toward a new multilateral global education initiative. By expanding and reforming current international aid for education to create a fully-financed, innovative global fund for education, the U.S. could lead the world in efforts to achieve Education for All.  A Global Fund for Education would direct education funding to the world’s poorest and most vulnerable countries. It would inspire other countries to ramp up their investment in the most sustainable solution to poverty: literacy. And it would be instrumental in helping achieve the Millennium Development Goal of getting every child – especially girls – in school by 2015.  

Foreign assistance for basic education has fallen short of promises made when the Millennium Development Goals were adopted in 2000. Nations most in need – particularly fragile and conflict-affected nations – are often the last to receive funding. Girls, children with disabilities and from minority groups are still kept out of the classroom. It will take U.S. leadership and resources to create a Global Fund for Education which will increase the impact of global efforts to achieve universal education.  A Global Fund for Education is critical to ensure education for all.