Oxfam, together with civil society organizations, welcomes the World Bank’s International Finance Corporation (IFC) announcement that it will not resume its investments in K-12 private schools, following the release of an independent evaluation by the World Bank Independent Evaluation Group (IEG) on the IFC’s investments in this area.
In response to donor commitments announced at the Global Partnership for Education replenishment meeting in Copenhagen today, Oxfam’s Education Policy Advisor, Katie Malouf Bous, said:
Somalia and Haiti have topped a list of the world's worst places to be a school child as a new report from the Global Campaign for Education, backed by Oxfam, warned that poor countries are teetering on the brink of an education crisis with the growth in access to education now stalling.