, ,

Engage Emerging Nations, Improve Education Spending

Engage Emerging Nations, Improve Education Spending
Global Education is a hot topic. It has been a part of the Millennium Development Goals and the post-2015 Sustainable Development Goals. There was a recent Education Summit in Olso, Norway, in July. Education was also part of the discussions at the International Conference on Financing for Development.

Education leaders believed that there was a downturn in funding and supporting quality education for boys and girls around the world. However, after this year’s attention to education, this trend may be behind us. Mobilizing donors has had positive results. The financing committees work to enable traditional donors, private philanthropy and emerging nations.

One of the biggest game-changers is the Emerging Nations. They have a lot of potential to improve education standards and bring education to more people. The Global Partnership for Education brings together its developing nations partners and constituents before board meetings. The countries come together and exchange ideas and practices that work or didn’t work for them, allowing knowledge to spread more easily. It also gives the board an idea of how to tackle problems and how to approach education in these areas.

The meetings show that emerging nations are engaging in educational discussions and want to invest in the improvement. That is why it is important to mobilize these nations to spend on education. Show them where and how their money will be most effective.

Developing Nations are said to be growing economically more than developed nations. They will account for 65 percent of global growth up until 2020. It is important to reach out to them on such an important topic such as education. These countries have the resources to better education not just for their citizens, but for all global citizens by donating to global education. They can be the ones to close the $39 billion deficit in global education financing. The emerging nations are the ones that will benefit the most from education spending.

Katherine Hewitt

Sources: Devex, Global Partnership, ICEF
Photo: Higher Education Development