France and innovative financing for education

The Dakar Framework for Action adopted at the Dakar World Education Forum in April 2000 stated the ambition that “no countries seriously committed to education for all will be thwarted in their achievement of this goal by a lack of resources." Yet the lack of resources to finance education persists. According to the latest estimates, the differential is estimated at $26 billion a year. According to the United Nations Educational, Scientific and Cultural Organization (UNESCO), in 2011 the share of official development assistance for education decreased by 30% for the first time since 1997.

The Leading Group on Innovative Financing for Development

In 2010, the Leading Group on Innovative Financing for Development provided new impetus by setting up a Task Force on Innovative Financing for Education. This initiative brings together representatives of international organizations, including UNESCO, the United Nations Children’s Fund (UNICEF), the Global Partnership for Education (GPE), representatives of the European Commission, of Northern and Southern countries including Brazil, Chile, Germany, the United Kingdom and Senegal, and representatives of civil society (NGOs and private foundations). The Leading Group’s secretariat is provided by France.

Mechanisms to increase the volume of aid for education and enhance its predictability and sustainability were identified by the Task Force in two of its reports.

The International Institute for Educational Planning (IIEP)

With the support of France, the International Institute for Educational Planning (IIEP) is experimenting a public-private partnership that uses information and communication technologies to collect data on and plan education in Côte d’Ivoire.

Publication: Fact sheet “France and innovative financing for education”

Fact sheet [In French only] (pdf) – 378.8 KB

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Updated : May 2014