Question

the world bank supports education for all accelerating progress towards

Answer 1

The world bank supports education for all accelerating progress towards the Education Millenium Development Goals (MDGs)

Explanation:

• The MDGs are 8 goals to be accomplished by 2015 in all 191 UN Member States. In September 2000 the UN Millennium Declaration binds world leaders to battle poverty, malnutrition, illness, illiteracy, destruction of the environment & violence against women.
• The World Bank is committed to helping countries achieve "Learning for All", through International Development Association (IDA) financing as well as IDA's policy advice, knowledge sharing, & technical support .
• The World Bank has been spending 31.8 billion dollars in education since the MDGs were introduced in 2000, and the International Development Association has contributed more than 17.3 billion dollars of that. By offering financial and information resources, they help nations meet their education aims by way of research , policy guidance & technical assistance.
• In September 2012, World Bank President Jim Yong Kim reiterated the 2010 Global Bank MDF Summit commitment to contribute $750 million in additional funds from the  IDA for basic education over five years ( 2011-2015) to help poorer nations advance toward the 2015 MDGs for education. After 1 April 2014, the Bank offered IDA funding for basic education for an additional $939 million, which is 25 per cent above and above its promise.
• As of June 30 , 2015, the IDA 's latest basic education contributions in FY15 totalled $1,079 million. This means a combined $2.13 billion progress to our MDG commitment, which is $1.38 billion greater than the initial commitment.
• The World Bank has given record funding to basic training through IDA over the past three years for a total of more than $4.36 billion and remains committed to speeding up worldwide movement in Learning for All.
• A $1 billion project for Indian primary education (Sarva Shiksha Abhiyan III), initiated over a three-year term, was approved by the World Bank's Board in May 2014. This IDA help initiative for fundamental education in India, which meets the needs of 200 million children & 4.5 million teaching staff, is the World Bank's  largest initiative in learning.

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