The world is currently at risk of falling woefully short of the Millennium Development Goal of universal primary education by 2015. If we are to avoid this fate, a game-changing reform is needed. I believe that a Global Fund for Education is that game-changing initiative.
As you'll see in the report below, I propose that World Bank's Global Partnership for Education (formerly, the Fast Track Initiative) should be converted into an independent Global Fund for Education (GFE) that draws on the experience of the global funds in health, and that serves as a focal point for a renewed drive toward getting another 68 million children into school by 2015. The GFE would engage the business sector, and have the flexibility to make grants to NGOs and private companies, as well as national governments and multinational agencies.
It is time for governments around the world to take urgent action on behalf of the millions of children in need of a decent primary education. A Global Fund for Education would be a bold step in the right direction.