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INVESTMENT THEMES

Education

East Head Impact grants approved to date total £947,448

OVERVIEW

Education

As of 2018, approximately 258 million children and youth were out of school worldwide, including 59 million children of primary school age.

 

In low-income countries, only 63% of children complete primary school, and this percentage drops significantly for secondary education. â€‹Globally, around 773 million adults (aged 15 and older) are illiterate, with two-thirds of them being women.

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Sub-Saharan Africa and South Asia have the highest rates of illiteracy, with millions of children unable to read or write. Approximately 130 million girls worldwide, are not in school. 

East Head Impact

​Education is a key driver in breaking the cycle of poverty.  By providing access to quality education, charities can help individuals gain the skills needed for better-paying jobs, leading to improved economic conditions for families and communities.  Education increases individual earning potential by about 10% for each additional year of schooling, and countries that invest in education see higher GDP growth rates. 

East Head Impact

All three of our investment themes are linked; education leads to more informed health choices, promotes social cohesion, and reduces the likelihood of conflict.  Regions with higher levels of education have lower rates of crime and violence, and education is essential for achieving sustainable development goals (SDGs).  Educated individuals and communities are better equipped to face challenges such as climate change, economic downturns, and health crises. 

Increasing employability is crucial for fostering economic growth and reducing poverty. Statistics show that globally, over 259 million young people are classified as NEET (Not in Education, Employment, or Training), which represents a significant untapped potential for economic development.

Charities focusing on employability can help bridge this gap by providing essential skills training, mentorship, and job placement services. By moving people out of NEET status and into the workforce, these initiatives can reduce dependency on social welfare, lower crime rates, and improve overall community well-being. Investing in employability not only empowers individuals with financial independence but also contributes to a more robust and dynamic economy.

Referenced Sources:

 

The International Labour Organization,

World Bank Employment and Jobs,

United Nations Youth Institute for Statistics
World Bank Education Statistics
UNICEF Education Reports
United Nations Sustainable Development Goals (SDGs)
Global Partnership for Education (GPE)
UNESCO Global Education Monitoring (GEM) Report

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