Britain leads... but the G8 does not follow

21st July 2006 at 01:00
What the G8 countries have agreed to do since Live8 for education in the developing world

* 19 countries' debts to the World Bank, International Monetary Fund and African Development Fund have been cancelled, releasing pound;540m a year for education and other services

* But Britain has taken the lead on education by pledging in April to give pound;8.5bn in aid over 10 years towards a global target of pound;55.6bn to get 100 million children into school. This compares with pound;2bn over the past decade.

* In the same month, Hilary Benn, the International Development Secretary, pledged a quarter of the funds needed for the global Fast Track Initiative for plugging funding gaps for poor countries with sound plans for education for all and gave pound;100m over two years, up from pound;17m last year.

* The Global Campaign for Education says the UK is now on target to pay more than its fair share of the financing gap for education.

* Since the G8 summit in Gleneagles last year no other G8 nation has made a significant pledge on the FTI or other avenues of aid to education.

* The Global Campaign, which includes the NUT and the NASUWT teaching unions and charities ActionAid, Comic Relief, Save the Children and Oxfam, says the lack of funds is preventing the hiring of the 15m teachers needed to ensure the 2015 target of a good quality primary education for all the world's children.

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