IIEP Strategic Debate: Financing the 2030 Education Agenda – Key issues and challenges for national planners
The Education 2030 agenda adopted in 2015 provides a new international vision for education. Its main objective is to “Ensure inclusive and equitable quality education and promote life-long learning opportunities for all”. How can countries best plan for the implementation of this ambitious and comprehensive education vision? This question will be the focus of the 2016 IIEP Strategic Debate series.
Inadequate resource mobilization during the past 15 years was a major reason why the Education for all targets were not reached in many low- and middle-income countries. UNESCO’s Global Education Monitoring Report estimates that in such countries the total annual financing gap between available domestic resources and the amount needed to reach most of the Education 2030 targets will be $39 billion. For low-income countries, in particular, the gap constitutes more
than 40% of total yearly costs.
Sustained resource mobilization will thus be a major issue in the years to come, but the allocation and management of available resources at the national level will also require substantial attention by planners. They will need to address
difficult issues of efficiency, equity and management of public resources.