Global Education Crisis Costs World Economy $10 Trillion Annually, UNESCO Warns
New York – A lack of access to quality education for out-of-school children and persistent educational gaps are costing the global economy an estimated $10 trillion per year, according to a recent report from UNESCO. The findings underscore the urgent need for increased investment in education systems worldwide, especially for vulnerable populations impacted by conflict and displacement.
The staggering economic toll highlights the interconnectedness of education, peace, and prosperity.Without equitable access to learning, millions of children are denied the chance to reach their full potential, perpetuating cycles of poverty and instability.UNESCO advocates for a shift in global priorities, envisioning a world where resources are allocated to books instead of weapons, and where every child, regardless of background or location, can attend school in a safe and supportive surroundings.
The organization emphasizes that achieving “education for all” is not merely a moral imperative,but a pragmatic step towards building a more peaceful and lasting future. A world free from war, hatred, and intolerance is attainable, beginning with a commitment to universal education.
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