Over the past decade, various initiatives to develop innovative education financing mechanisms have emerged to address existing gaps.

After good progress in getting every girl and boy into school, the COVID-19 pandemic set back many hard-won education investments and gains, consequently deepening the learning crisis in lower-income countries.

Falling government revenues, deepening poverty, reduced development aid, associated with the impact of climate change and mounting costs of paying off national debt, crowd out critical investments in education.

Innovative approaches are essential to multiply the sources of education financing and give all children a quality education by 2030. That’s why GPE and partners have developed several instruments like the GPE Multiplier, Girls’ Education Accelerator, GPE Match, Debt2Ed and SmartEd, to mobilize more funding for education.

Read our blogs to learn more about these innovative instruments.