
Coronavirus – Africa: UNESCO urges action to meet rampant $200 billion annual funding gap for education in poorest countries due to COVID-19
PARIS, France -- New research by the Global Education Monitoring Report at UNESCO shows an increase in the annual funding gap for education in the poorest countries to as much as US$200 billion a year. These findings are published in the new paper, Act Now: Reduce the impact of COVID-19 on the Cost of Achieving SDG4.The paper calls for the immediate introduction of emergency remedial programmes, which could reduce the potential cost of COVID-19 on education by 75%. This could also reduce the social cost of failing to meet the Sustainable Development Goal on Education (SDG4) which calls for the provision of inclusive quality education for all by 2030. It is therefore imperative for leaders to prioritize investment in education for low and middle-income countries and avoid the higher cost o...