Investing in girls and women delivers returns at multiple levels economic, social and intergenerational, often creating a virtuous cycle of human capital development. Yet, as we mark International Women’s Day in many regions, the investment in human capital is not happening at a sufficient level to ensure, and sustain, economic growth. Investing in girls and…
Switzerland has formally recognised the International Finance Facility for Education (IFFEd) as an international institution headquartered in Switzerland, following the approval by the Federal Council of a headquarters agreement under Switzerland’s Host State Act. The agreement anchors IFFEd within International Geneva and provides it with internationally recognised legal status as it establishes a physical presence…
The International Finance Facility for Education (IFFEd) has once again been recognised for its financial strength and credibility, with both and Moody’s Investors Service and S&P Global Ratings reaffirming IFFEd’s top-tier credit ratings this autumn. In October, S&P Global Ratings re-affirmed IFFEd’s AA+ long-term issuer credit rating with a stable outlook, confirming the organisation’s continued…
IFFEd CEO Karthik Krishnan and COO Nina Stochniol, along with key partners from the UK Foreign, Commonwealth & Development Office (FCDO) have met partners in Manila to finalise the first ADB-backed investments.
The International Finance Facility for Education (IFFEd) is demonstrating how innovative finance can significantly increase the resources available for global education, multiplying the impact of every donor contribution by up to seven times. Photo by Ben White on Unsplash Through its innovative finance model, IFFEd combines donor grants and guarantees to enable multilateral development banks…
A Generation Of Possibilities: Turning Millions Into Billions To Educate The World’s Children And Youth
IFFEd and the World Bank have called for a new era of smart education finance in a joint article highlighting the critical role of innovative and blended finance in transforming education systems worldwide.
On Sept. 12, 2024, S&P Global Ratings assigned its ‘AA+’ long-term and ‘A-1+’ short-term issuer credit ratings to the International Finance Facility for Education (IFFEd). The outlook is stable.
UN Secretary-General António Guterres and UN Special Envoy for Global Education Gordon Brown celebrate IFFEd’s $1.5 billion commitment to global education with IFFEd Founding CEO Karthik Krishnan and Theirworld Global Youth Ambassadors Angela Zhong and Adrija Sarkar during the UN Summit of the Future.
In its press release, Moody’s highlighted IFFEd’s “robust capital adequacy, high liquidity buffers and strong support from highly-rated sovereign contributors”, noting that the facility’s guarantee commitments will not exceed its usable equity cushion and that it benefits from backing by governments with top-tier credit standing.