The primary objective of the Global Education Summit (GES) is to raise as much as possible of the Global Partnership for Education (GPE)'s $5 billion over five years. At the G7 Summit, the Prime Minister announced the UK pledge of £430 million to GPE, which is our largest ever pledge, and an uplift of 15 per cent from our current position as top bilateral donor. This significant pledge meant we were able to secure commitment from G7 partners of at least $2.7 billion to GPE ahead of the GES.
The UK intends to support the GPE in diversifying its funding base with new sovereign and private donors, and is working closely with our co-hosts, Kenya, to galvanise domestic financing to education from developing nations. At the Summit, we hope to secure up to $4 billion, which is 80 per cent of GPE's $5 billion 5-year target, providing the single biggest ever boost to children's education opportunities around the world.