The Global Education Summit, co-hosted by UK Prime Minister Boris Johnson and Kenyan President Uhuru Kenyatta in London, has raised a record $4 billion from donors for the Global Partnership for Education (GPE).
This fundraising total puts GPE firmly on the path to achieving its target of raising at least $5 billion over the next five years to transform education for millions of the world’s most vulnerable children. A fully funded GPE would enable up to 175 million children to learn and get 88 million more girls and boys in school by 2025.
The two-day hybrid event brought together leaders from governments, businesses, private foundations and development banks to commit funding and support to children’s education in the world’s lowest-income countries.
Donor pledges secured at the summit build on the commitment to girls’ education announced last month at the G7, where leaders pledged at least $2.7 billion to GPE and called on other donors to step up and fully fund GPE’s ambitious new five-year plan.
This includes the UK’s pledge of $600 million. This is the UK’s largest ever pledge to GPE and maintains UK as GPE’s top bilateral donor.
“The funds raised at today’s Summit will transform the lives of millions of children around the world. The UK was proud to contribute £430 million ($600 million to the Global Partnership for Education and it is fantastic to see others step up and contribute to the goal of ensuring a quality education for every child,” said UK Prime Minister Boris Johnson.