Prior of G7 meeting in Carbis Bay, Cornwall, United Kingdom from, 11 to 13 June 2021, an official promise for a better future to children and women has been released on 05 May 2021 by The Rt Hon Dominic Raab MP, from the office of Foreign, Commonwealth & Development Office. The official release said, G7 Ministers sets out the importance of the ‘3Es’: educating girls, empowering women, and ending violence against women and girls. On top of this, G7 foreign and development ministers to commit $15 billion to help women in developing countries to access jobs and build businesses. This official economic package has a duration of two years to assist women in developing countries to access jobs, build resilient business and respond the catastrophe impacts of covid-19. A real impact is calculated to enable 40 million girls to have access into school and 20 million more to have reading capacity in low and lower-middle income countries by 2026.
It is believed that education for girls is a strategic and smart investment as guarantees to lift people out of poverty, grow economies, save lives, and build back better from Covid-19. Out of this study proved a child who has a mother with reading ability is at 50% more likely to live beyond the age of 5 years and twice as likely to attend school, with ratio of 50% likely to have immunization.
Model of funding of $15 billion is for the 2X Challenge, a partnership between G7 Development Finance Institutions (DFIs) launched in 2018. It leverages funding from DFIs and Multilateral Development Banks to provide finance to female owned and staffed businesses or products or services that particularly benefit women, supporting female economic empowerment.
Call for school reopening is now becoming serious consideration, including from the United Nations, local government, financial institution, and stakeholders. A full integrated studies has been conducted. It clearly stated impact of school disclosures not just limited to children’s skill attainment. It is more serious as it disturbs eating habit as well as effecting a disruption sleep patterns which may result to physical and mental health, not to mention risk of domestic violence has been raised.
In parallel to this consequence, this week from 08 to 10 June 2021, OECD of World Bank initiated an event to review strategically how far educational system specifically digitalization has been evolved, and how far the consequence of impact is; specially during and to anticipate post pandemic covid-19. More deeply, as an impact of centennial educational evolution in which involves pedagogic approach and intense humanity contact at most. An online event called ‘Digital education for a strong recovery’ is arranged. It is expected to deliver a brilliant strategic solution to anticipate any gap in educational injustice. It is expected impact of pandemic covid-19 to born a meaningful souvenir for all in a form of solution for all to have education in equality and inclusive!
Members of G7 countries are Canada, France, Germany, Italy, Japan, the US and the UK, plus the EU. During this summit, UK as the host; invited as guests: Australia, India, the Republic of Korea, South Africa, and the Chair of ASEAN.
Development finance institutions are funded primarily by national governments and invest in developing countries and emerging markets to create jobs, boost growth and fight poverty. These institutions are designed to provide medium- and long-term investment. In the case of the 2X Challenge, the funding comes from G7 member states’ DFIs, including CDC (UK), Proparco (France), JICA (Japan), DFC (US), FinDev Canada (Canada), KFW (Germany) and CDP (Italy). These DFIs are funded through public money from G7 member states, and private funding in some cases, to invest in developing countries, and projects including the 2X Challenge. Other members of the 2X challenge include the World Bank’s International Finance Corporation, the European Investment Bank and the European Bank for Reconstruction and Development.
G7 to boost girls’ education and women’s employment in recovery from COVID-19 pandemic
2. oecd-events.org : Digital education for a strong recovery: A forward look
3. project-syndicate.org : School re-opening can’t wait
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