At the Global Education Summit (GES) on 28-29 July, we hope to secure $4 billion, or 80% of the Global Partnership for Education's 5-year rolling target of $5 billion. This would be the single biggest ever boost to children's education opportunities around the world. As part of commitment, we hope to help GPE diversify its funding base, with new sovereign and private donors. We are also working closely with our co-hosts, Kenya, to galvanise domestic financing to education from developing nations.
At the G7 Summit, the Prime Minister announced the UK pledge of £430 million to the GPE. This five-year pledge is our largest ever pledge to GPE, and an uplift of 15% from our current position as top bilateral donor. This generous contribution meant we were able to secure commitment from G7 partners of at least $2.7 billion to GPE ahead of the GES.