Educating the Planet

Great shoutout Vint Cerf!!

The UN has a sustainability goal of universal education by 2030

“Global Education is in crisis. Today 300 million children don't go to school and 800 million young people will leave school without any qualifications. Our failure to get children a decent education means that we provide for only half of our future; for more than half the world's children can't read or write at the age of 11 and have no accredited skills for the workplace and life when they leave education. “

The Secretary-General of the UN António Guterres has called an education summit for September entitled ‘Transforming Education’, so that we can build back better after covid 

Modernisation of education systems through 

• better training of the education workforce, 
• the application of new technologies ,  
• digital learning and 
• new pathways for skills training 
• matter to the outcomes we can achieve, 
• This takes money and resources 

$20b is needed 

The UN has a plan to produce an extra $10 billion of new educational funds for low-income countries, and we also hope to generate another $10 billion of extra resources for middle-income countries over the next 5 years 

Collaboration between developing and developed countries 

 One proposal now being considered is for a compact for Global Education between developing countries and the developed economies that provide donor aid. 

Under it, countries would agree to raise education spending in stages to at least 4-6% of their national income over a period of five years, and they would invest at least 15% and hopefully 20% of all their public spending into education.  

This can be done with domestic action to reform tax systems, alongside international action to cut tax loopholes and illicit financial flows in order to increase sustainable funding for education.   

In return, in order to encourage the fast-tracking of educational opportunity, the multilateral institutions would offer enhanced support. 

The World Bank's low-income facility - IDA - would raise its spending on education from 10% to 15 % and this ambition would allow it to argue for new resources from donors and for an enhanced use of its reflows - the capital returned from past loans - to fund this enhanced spending. The larger support for schools and teachers in the developing world. 

This action alone would unlock opportunity for more than 20 million children every year in the poorest countries.  

There needs to be a call for education to receive a greater share in cross-border individual and corporate philanthropy to support existing donors support including the Global Partnership for Education, Education Cannot Wait, UNICEF and other UN Agencies.

What can Australia do to support the achievement of this goal 

Maybe for every $ spent on education - a $ is donated? 

Maybe a 200% tax deduction - for every training dollar spent and donated ? 

What do you suggest?