Innovative Finance to Unlock Critical Education Investments in LMICs

Schedule

Wed Jun 29 2022 at 08:30 am to 09:45 am

Location

UNESCO | Paris, IL

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Transforming Education Pre-Summit High-Level Side Meeting on the International Finance Facility for Education (IFFEd)
About this Event

Date: Wednesday, June 29, 2022

Time: 8:30-9:45 CET–Paris

Location: UNESCO HQ Room XI and online

Fifty lower-middle-income countries (LMICs) are home to more than 700 million children and youth, the largest number of out-of-school children, and the largest number not learning of any income group. Even under the most optimistic pre-pandemic scenarios of increased domestic budgets and more efficient spending, it was estimated that LMICs will face a financial shortfall to address these challenges, likely rising to 80 percent of the total global financing gap by 2030. The pandemic has further compounded fiscal pressures, forcing some governments to cut education investments at exactly the time they are most needed for recovery and growth.

The International Finance Facility for Education (IFFEd) is a financing innovation that multiplies donor resources so LMICs can make urgent investments in quality education and skills. IFFEd is currently under final development with a core group of donor, MDB and recipient partners, and will launch at the Transforming Education Summit this September 2022 as called for by the UN Secretary-General.

At this session, we'll Introduce IFFEd to a broad audience ahead of the anticipated IFFEd launch at TES in September 2022, leveraging direct perspectives from key IFFEd partners.

Please join us for this critical discussion to learn more about IFFEd and its potential to unlock a generation of possibilities.

Please note due to space limitations we may not be able to offer in-person seating to all those who register. For those who cannot attend in person, the event will be live-streamed [link forthcoming].

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Where is it happening?

UNESCO, 7 Place de Fontenoy, Paris, France

Event Location & Nearby Stays:

Tickets

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The Education Commission

Host or Publisher The Education Commission

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