Financing education, imperative for ‘peaceful, prosperous, stable societies’ – UN chief

Education systems around the world need “more, not less money” the UN chief told journalists on Saturday during a joint press stakeout on the Transforming Education Summit and the International Finance Facility for Education.

Secretary-General António Guterres, speaking alongside his Special Envoy for Global Education, Gordon Brown, drew attention to the critical issue of innovative financing for education.

He reminded that the “world is experiencing multiple crises”, and governments, businesses and families everywhere are feeling the financial strain.

Moreover, since the COVID-19 pandemic began, two-thirds of countries have cut their education budgets.

“But education is the building block for peaceful, prosperous, stable societies,” he stressed. “Reducing investment virtually guarantees more serious crises further down the line”. More