New fund Education Cannot Wait to be launched at UN World Humanitarian Summit

The fund is designed to cater the needs of 30 million displaced girls and boys, of which 20 million have no choice at the moment and are unable to go to school.

Created On: May 17, 2016 15:15 ISTModified On: May 17, 2016 15:14 IST

Unique-education-fund A new fund “Education Cannot Wait” will be launched at UN World Humanitarian Summit. It aims at assisting millions of children whose education has been disrupted by conflicts and natural disasters.

The two-day World Humanitarian Summit will be held from 23 to 24 May 2016 in Istanbul, Turkey.

The programme will see participation of more than 100 of the world’s leading countries, companies and philanthropists. The plan of launch of Education Cannot Wait was announced by UN envoy for education on 6 May 2016.

Key highlights of Education Cannot Wait fund

• The fund is the global first and seeks to raise 3.85 billion dollars in next five years from governments and business.

• It is designed to cater the needs of 30 million displaced girls and boys, of which 20 million have no choice at the moment and are unable to go to school.

• This is the largest population of girls and boys uprooted since 1945.

• This fund will seek to bridge the gap between humanitarian aid and development aid first.

• The fund can be used to save a generation lost to war, child marriage, forced labour and the recruiters for violent extremism.

What the fund will offer?
As per the records of the UN Office for the Coordination of Humanitarian Affairs (OCHA), education aid receives less than two percent of emergency funding. The new fund is expected to:

• Offer up to five years of educational emergency, recognizing that the average time a refugee is out of his or her country is more than 10 years.

• Have private sector, foundation and philanthropic windows and will be the first comprehensive education public partnership in humanitarian aid.

• Engage philanthropic companies in innovative solutions to deliver education, including bold experiments in online education to help refugees in camps and those holed up in hovels, huts and tents.

• The UN has stressed that the ultimate aim for Education Cannot Wait is to transform humanitarian aid for the future.

Where the new fund will be used?

• The new fund will build on the recent Syrian initiative promising one million Syrian refugees schooling in Turkey, Lebanon and Jordan

• It will be used in Nepal where 900000 children are out of school because of the earthquake emergency

• It will be used in South Sudan where one third of children are denied schooling and in Nigeria where Boko Haram have closed 5000 schools.

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एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

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