The international community, and multilateral agencies in particular, have vast potential to mobilize financial resources to help fill the $26 billion annual funding gap for education, according to a new paper. Here Pauline Rose, director of the EFA Global Monitoring Report, and Liesbet Steer, Fellow, Center for Universal Education, Brookings Institution outline the findings.
The support of multilateral agencies for basic education is slowing compared with other sectors and bilateral donors. Unless multilateral aid is increased, there is a danger that growing support to new areas such as skills development will squeeze the scarce resources for basic education even further, to the detriment of the most disadvantaged.
These findings emerge from new analysis of the contributions of the six most important multilateral donors to education, carried out jointly by the Brookings Institution and the Education for All Global Monitoring Report, and released as a paper timed to inform the Learning for All meetings taking place this week at the United Nations General Assembly.
Our joint paper looks at five of the largest multilateral agencies in terms of total financing for education: the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Union institutions, the World Bank and UNICEF. The contribution of the Global Partnership for Education (GPE) – the fifth-largest donor to education – is also analysed.











