Domestic Financing in Education: A Smart Investment (SDG-Education 2030 Steering Committee, April 2018)

Submitted by geraldine on Tue, 04/24/2018 - 09:55
Publication
Domestic Financing in Education: A Smart Investment (SDG-Ed2030 SC, April 2018)

To successfully achieve Sustainable Development Goal 4, governments committed to progressively allocate at least 4 to 6 percent of their gross domestic product (GDP) or at least 15 to 20 percent of their total public expenditure to education, with a focus on basic education. These commitments are well reflected in the Incheon Declaration and Education 2030 Framework for Action endorsed by the UNESCO member states in 2015.

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The SDG-Education 2030 Steering Committee papers provide strategic advice and recommendations for the implementation of SDG4 based on the principles and commitments outlined in the Education 2030 Framework for Action. Based on a synthesis of research and existing practice in global education, the papers are the result of extensive consultation among members of the multi-stakeholder SDG-Education 2030 Steering Committee.

They aim to support the process of integrating global education targets and commitments within and across national education systems rather than to provide definitive solutions to national education policy challenges.