Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013 The World Bank and the 2010 Pledge to Basic Education

“[T]oday I am proud to announce that the Bank’s International Development Association (IDA), our Fund for the Poorest, will increase grants and zero interest loans for basic education by an additional $750 million over the next five years to This represents about a 40% increase in our basic education lending over the past five years for the poorest countries. These additional resources will be targeted toward countries that are off-track to reach the education MDGs by 2015, especially in sub-Saharan Africa and South Asia. In order to yield the highest impact, the Bank will seek to leverage these additional IDA funds to support low-income countries that receive financing from the Education for All Fast Track Initiative.” — Ngozi Okonjo-Iweala, former Senior Managing Director of the World Bank, New York, September 20, 2010 Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013 The World Bank’s 2010 Pledge to Basic Education

Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013

Pledge baseline = average Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013

Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013

“Almost three years ago, the Bank Group pledged to increase IDA financing for basic education by an additional $750 million over five years to help countries reach the education MDGs. I'm proud to report that we exceeded that financing target a full two years ahead of schedule.” — Jim Kim, New York, September 25, 2013 Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013

Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, pledge 8% decrease, $271 million less

Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013 Sub-Saharan Africa Majority (56 out of 58) of GPE Countries Conflict-Affected and Fragile States

Tony Baker World Bank Annual Meetings Washington, D.C. October 10 th, 2013