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UN education fund receives $42 mn from donors

UNITED NATIONS: Education Cannot Wait ( ECW ), the UN global fund for education in emergencies and protracted crises, has received $42 million in new funding from the LEGO Foundation , Germany and the US, said the fund.


The donors announced their decision during the high-level week of the UN General Assembly , with the LEGO Foundation offering $25 million, Germany 10 million euros ($9.7 million), and the US $7 million, Xinhua news agency reported.



The new funding catalyses much-needed support to address a global learning crisis where over 78 million crisis-impacted girls and boys are out of school, and nearly two-thirds of 10-year-olds are unable to read a simple text, said the ECW.

"Education is our investment in human beings and the human potential. So far we have only seen a glimpse of it. There are 222 million children out there that will allow us to see the full potential of humanity," said ECW Director Yasmine Sherif .

"We must unite to fully fund Education Cannot Wait and our strategic partners in mobilising $1.5 billion over the next four years," the Director added.

Since its inception in 2016, the ECW and its strategic partners have mobilised more than $1.1 billion and directly supported nearly 7 million children and adolescents, according to the fund.

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