At the recent Board of Directors meeting of the EFA FTI in Madrid, important steps were taken to establish a new Education for All Fund. This fund, which will be managed by the World Bank as trustee replaces the following existing trust funds: the multi-donor Catalytic Funds (CF), the Education Program Development Fund (EPDF), and the Secretariat Trust Fund. The new single fund will create a unified dialogue among EFA FTI Partners about financial decisions and fund allocations to developing partner countries in line with policy decisions and governance reforms. Read more