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Tuesday, September 21, 2010

The Answer Sheet - World Bank invests more in education; big gap remains

The Answer Sheet - World Bank invests more in education; big gap remains

World Bank invests more in education; big gap remains

On the heels of a new report that said nearly 70 million children around the world are not getting an education, the World Bank just announced that it will make $750 million in additional investment through 2015 to achieve universal primary education.

But the additional funding of $150 million per year over the next five years represents less than 1/100 of the total global need.

The funding, announced at a United Nations summit on Monday, will focus on countries in South Asia and Africa that are unlikely to achieve universal primary school completion and gender parity in education by