World Leaders Mobilizing Resources for Global Education: US$826 Million Pledged at High-Level Financing Conference
2023 - 02 - 20
At the Education Cannot Wait (ECW) High-Level Financing Conference held on 16-17 February 2023 in Geneva, Switzerland, world leaders pledged over US$826 million to ECW as well as to the global challenge to fund education. This commitment is a key part of meeting the goal of ensuring quality education for all by 2030 as enshrined in Sustainable Development Goal 4 (SDG4).
The combined effects of conflict, climate change and the aftermath of COVID-19 have resulted in 222 million school-aged children around the world losing access to education. Despite this, when faced with a crisis, children still identify the opportunity to go to school and learn as their most important priority.
The situation of many countries in crisis, such as Türkiye and Syria, was highlighted. Recently, the devastating earthquakes in these two countries have caused immense damage, including to homes and schools, leaving millions of children without the chance to learn. Without access to education, children in Türkiye and Syria, as well as in other countries like Afghanistan, will miss out on the opportunity for a better future.
“Today we make history in our global efforts to ensure children impacted by conflict, climate change and other crises are able to access quality learning opportunities,” said Education Cannot Wait Executive Director, Yasmine Sherif. “We must step up our global response to these interconnected crises in places like Afghanistan, Syria and beyond to leave no child behind. We will continue to mobilize new and innovative financing wherever we see an opportunity. Even when we reach our $1.5 billion target, we will not stop there. With today’s generous contributions, we will be able to reach 10 million crisis-affected children with quality education. This is our investment in humanity. This is our promise for universal human rights, equality, and opportunity for those left furthest behind across the globe.”
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