Transforming Education with Equitable Financing

In September 2022, the Transforming Education Summit called on governments and the international community to mobilize action to transform education systems, including increasing equity in education spending towards achieving Sustainable Development Goal 4 on quality education for all. To examine the equity issue in education, this brief presents findings on equitable education financing using the latest data from 102 countries and territories, highlighting the urgent need to target resources to reach the poorest and most marginalized. It discusses the challenges of not only inadequacy but also inequity in national education spending and international aid to education, and explores how equitable education financing can help address the global learning crisis. The brief presents key policy actions that governments and stakeholders must urgently take to respond to these challenges and transform education with equitable financing.