Virtual conference on diversifying the sources of funding for Technical and Vocational Education and Training
The discussion will look at various trends in the financing of Technical and Vocational Education and Training (TVET), and particularly focus on the role that other actors, including the private sector, can play in TVET funding.
The virtual conference will be hosted on the UNESCO-UNEVOC TVeT Forum and more information can be found on the UNESCO-UNEVOC website.
Technical and vocational education and training (TVET) is considered a powerful tool to prepare youth for the labour market and provide lifelong learning opportunities to adults. It plays a strategic role in the achievement of the 2030 Agenda for Sustainable Development.
In particular, Sustainable Development Goal 4 on Education calls on Members States to “ensure inclusive and quality education for all and promote lifelong learning”. It notably targets, among other things, “equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university” (SDG 4.3) and a “substantial increase in the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship” (SDG 4.4).
This vision of TVET supports the transition towards inclusive and sustainable societies and economies, but also requires TVET systems to transform and adapt to remain relevant.
Various strategies have been adopted to increase funding in TVET, including output-based funding approaches. Other strategies focus on mobilizing other stakeholders. One such stakeholder is industry by implementing apprenticeship or alternance-based training, as well as introducing training or apprenticeship taxes and levies.
The virtual conference will be hosted on the UNESCO-UNEVOC TVeT Forum.