Thursday
September 18
2025

‘Moonshot’ Education Finance Facility Aims to Turn $1 Into $7 in LMICs

By Sophie Edwards

As global aid budgets shrink, the outlook for education in the world’s most vulnerable regions grows increasingly bleak. In low‑ and middle‑income countries, 6 in 10 children can’t read a simple text by age 10, and a staggering 251 million remain out of school — numbers that are unlikely to change without fresh financing models.

Photo courtesy of UN Women/Second Chance Education and Vocational Learning Programme.

Source: Devex (link opens in a new window)

Categories
Education, Investing
Tags
development finance, global development, SDGs, skill development