The ability to provide innovative financing and sustainable delivery of services is essential to building successful education systems.
Investing in literacy, primary and secondary education, vocational training and higher education is critical to development. However, providing education to youth in low and lower-income countries will require a substantial investment of domestic resources, as well as aid. Currently, private sector investment in education lags far behind investments in other sectors, yet private sector companies are key beneficiaries of improved education. Public-private partnerships present an opportunity to channel funding to local governments and organizations with the in-country knowledge and expertise to create sustainable change.
USAID is increasing engagement with non-state actors and promoting finance and delivery innovations to expand access to quality education—including work with non-state schools and other education providers (such as not-for-profit, for-profit, faith-based, and community schools), the private sector, and the investment community.