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Financing & Partnerships

Financing is the crucial element to achieving equity and inclusion in education. It is a tool utilized from the top-most level to the works on the ground. According to the World Bank’s Education Finance Watch 2021, low-income countries spent significantly less on education compared to high-income countries. They also cut more education budget during the COVID-19 pandemic. Re-allocating budget to most disadvantaged groups would bring the biggest impact and yields. 


Find more about education financing here.

Governments and education-related organizations seek partnerships and innovative financing solutions in solving financial issues in education. Partnerships, especially ones involving the private sector, can help provide funds to the most disadvantaged. A NORRAG working paper describes that innovative financing is a non-traditional approach to raise new funds and to spend existing funds in more efficient and effective ways using market-like practices.

This section provides information on financing for equitable education from the familiar mechanisms such as investment in education, public spending management, budget allocation formula, traditional fundings, donors and sponsors, to new financing models for education, private sector engagement, partnerships, crowdfunding, social actors’ sharing of costs, risks and responsibilities, and innovative financing for education.

You will get to know the recent financing trends for education, news and information on financing, including innovative financing, and how countries, organizations and schools manage their financing and fill the funding gaps. Not only government officials, education personnel and the private sector can also benefit from the section, as they can all work towards equitable and inclusive education.

Crowding Sourcing: Will It Help To Needy/Underprivileged Learners

Nippon Foundation Announces US$ 2m Support For The Education Of Rohingya Children In Bangladesh

The LEGO Foundation Awards US$100 Million Grant to the International Rescue Committee to Bring Learning through Play to Children Impacted by Crises in Ethiopia and Uganda

How Bill Gates Foundation Is Helping Low Performing Schools In The US

McDonald’s Malaysia Helps 30,000 Primary Schoolchildren With Back-To-School Programme

Standard Chartered Bank Launches Asia’s First Retail Product To Fund The Sustainable Development Goals

Education Above All Foundation, World Bank Partner To Ensure Education For Two Million Out Of School Children Around The World

EEF And UNESCO Bangkok Vow To Push For Equitable Education

Early Childhood Education Gets Boost With Opening Of New Kindergartens in South

Huawei Facilitating Girls’ Education

Apple And ‘Girls Who Code’ Non-Profit Team Up To Implement ‘Everyone Can Code’ Curriculum

World’s Largest Education DIB Reports First-Year Results

EAA Raises QR15mn To Support Out-of-School Children Globally

UNICEF Partners With Nokia On Digital Literacy Drive

UNICEF Innovation Team provides Software and Machine Learning Support to The Directorate of Science Technology and Innovation (DSTI) in Sierra Leone

Factsheet: The GPE Multiplier

Google, Intel Are Offering MOOCs, Setting Up Labs To Upskill Graduates

Education Cannot Wait Announces US$11.7 Million Catalytic Grant For Multi-Year Educational Response For Children In The West Bank And Gaza

Dubai Cares’ programme in Sri Lanka to Benefit 30,000 Children

ASEAN Continued Effort To Ensure Girls’ And Boys’ Right To Education

Key Resources

Find more about innovative financing

Read the overview of education finance from the World Bank Group

Levels of Education

Vocational Education
Secondary Education
Primary Education
Non-Formal Education
Higher Education
Early Childhood and Pre-Primary Education