Replenishing our Financial Resources
GPE’s 3rd replenishment aims to raise significant commitments to education from partner countries, and current and new donors in order to ensure that all children and youth are in school and learning
The 3rd replenishment campaign in 2017 is an opportunity to raise the funds needed to implement GPE 2020, the partnership’s strategic plan, and also increase global education financing to ensure SDG4 can be met.
Launched in 2016, the Education Commission report generated momentum for a more ambitious education agenda. This, combined with strong support from civil society and the influence of individual champions, gives 2017 the potential to be a defining year for education, with GPE’s replenishment presenting an opportunity to deliver a substantive outcome.
Various reforms, including a strategic plan, a policy on gender equality, and a new results framework, put GPE in a strong position to capitalize on this momentum.
GPE’s replenishment goals
The replenishment campaign aims to ensure that there are sufficient resources to deliver GPE 2020, including domestic resources and funding to the GPE Fund.
The objectives of the GPE replenishment campaign are to:
- Increase domestic resources for education in developing countries
- Increase external resources to enable GPE to better support developing country partners
- Diversify donor contributions to GPE by attracting new sovereign donors, increasing contribution from existing ones and attracting new private sector and private foundations donors.
The replenishment campaign will collaborate with champions including the Commissioners and civil society leadership, and ensure that the value of investing in education is highlighted in major public policy fora. The campaign will culminate in a pledging conference toward the end of 2017.
The first GPE replenishment covered 2011-2014 and generated pledges from 60 partners. Close to US$2 billion were contributed to the GPE Fund over that period.
The second GPE replenishment covered the years 2015 to 2018 and introduced a new financing and operational model. During this replenishment, donor partners pledged US$2.1 billion and developing country partners pledged an additional US$26 billion.