Wednesday, April 15 — GBC-Education member companies gathered in Washington, DC to meet with representatives from international donor agencies and donor governments to discuss new opportunities to leverage the assets of both the public and private sector to expand education.
Each spring government officials from member countries of the World Bank and the International Monetary Fund gather in Washington with representatives of the business community, civil society, press and academia for an extensive program of meetings and events to discuss issues of the global economy and international development. On the sidelines of these spring meetings, GBC-Education hosted a small event with the business community and donor agencies.
The meeting was a small, private round table that brought together GBC-Education members Accenture, Credit Suisse, Cummins, GEMS Education, Western Union, Discovery Learning Alliance and PwC along with representatives from the donor governments of the United States, United Kingdom, Canada, Australia, Denmark and Japan and donor agencies, The Millennium Challenge Corporation and the International Finance Corporation.
Sarah Brown, GBC-Education Executive Chair, welcomed the participants and introduced Canadian Deputy Minister for International Development, Malcolm Brown. Deputy Minister Brown said that Canada is committed to maintaining increased investments in education for entrepreneurship and skills development and welcomed discussions like the GBC-Education round table to strengthen the relationship between the public and private sectors to realize education goals.
The participants discussed new opportunities for financing and co-investment between businesses and international donor agencies to take education programs to scale in markets and countries of common interest. GBC-Education contributed Business Investments and Public Sector Resources for Global Education to provide context and lay the groundwork for the discussion.
The round table discussion addressed how to bridge the gap between the assets of the business sector and the resources of international donors by highlighting successful models for collaboration like the Girls’ Education Challenge (GEC). Alistair Fernie, Director of International Finance from the UK Department for International Development (DfID) spoke about the GEC and their successful partnership with GBC-Education members Discovery and PwC that aims to increase enrollment and learning for marginalized girls in Kenya, Ghana and Nigeria. Tammy Noboa, the Managing Director of Discovery Learning Alliance, spoke about the lessons learned from the partnership and stressed that spending time in designing the work ensures that the business and donor partners are aligned.