Education Above All and Inter-American Development Bank Renew Partnership to Support Out-of-School Children in Latin America and the Caribbean

Strategic Insights -

The Education Above All (EAA) Foundation and the Inter-American Development Bank (IDB) have announced the renewal of their strategic partnership through 2030 to support out-of-school children and expand economic opportunities for youth across Latin America and the Caribbean. The new agreement aims to mobilize up to USD100 million in co-financing over the next five years to address the education and employment needs of millions of young people. The initiative will focus on reintegrating out-of-school children into quality primary education, scaling post-secondary and vocational learning, and creating clear pathways to employment and self-employment for youth aged 18-35.

Key Takeaways:

  • The partnership renewal between EAA and IDB will mobilize up to USD100 million in co-financing over five years, with USD40 million in EAA grants supported by Qatar Fund for Development (QFFD) and USD60 million in IDB loans.
  • The initiative will support countries across the region in reintegrating out-of-school children into quality primary education, scaling post-secondary and vocational learning, embedding resilience and climate adaptability into secondary curricula, and creating clear pathways to employment and self-employment for youth.
  • Innovative financing mechanisms and regional programs, such as the "ONE Caribbean" initiative, will be leveraged to enhance impact.
  • The partnership aims to address systemic barriers to learning and provide tangible pathways to employment, investing in sustainable solutions that empower entire communities.
  • The collaboration began in 2019 and is working to enroll over 112,000 out-of-school children in Haiti, with the new agreement marking an expansion of that work to focus on youth skills development, resilience building, and innovative partnerships.

Statistics:

  • Up to USD100 million in co-financing will be mobilized over the next five years.
  • USD 40 million in EAA grants supported by Qatar Fund for Development (QFFD) will be used to support the initiative.
  • USD 60 million in IDB loans will be provided to support the initiative.
  • The partnership aims to enroll over 112,000 out-of-school children in Haiti, with the goal of expanding this work to other countries in the region.

Sources:

  • Qatar News Agency (01 July 2025)
  • Education Above All Foundation
  • Inter-American Development Bank (IDB)