EAA foundation, Ministry of Finance Qatar, and World Bank to drive impact for global education
The Peninsula
Doha, Qatar: The Education Above All (EAA) Foundation, a global leader in education and development, the Ministry of Finance Qatar, and the World Bank...
Doha, Qatar: The Education Above All (EAA) Foundation, a global leader in education and development, the Ministry of Finance Qatar, and the World Bank have announced a transformative partnership to expand access to quality education globally.
This collaboration comes in response to the urgent global challenges that have significantly increased the number of out-of-school children and the pervasive learning deficits worldwide.
The partnership will see the development of innovative financial tools, including the potential design of education investment swaps.
This novel approach will allow the conversion of debt in low- and middle-income countries into tangible education outcomes, offering a sustainable solution to both the global learning crisis and the heavy debt burdens these countries face.
Additionally, the trio will collaborate on designing and implementing co-financed programs to retain children in schools and combat the alarming post-COVID learning poverty rate, estimated to affect 70% of the global student population.
