Generation Unlimited: Investing for and with Young People Urmila Sarkar, Senior Adviser } Global Business Coalition For Education
Young Pe You Peop ople: th the ca calling of of ou our ti time Triple dividend : Between now and 2030, the global 12 millions of young adolescents, population aged 10-19 will increase in people joining the future adults & size 8 times greater than the population African labour force aged 0-9. children each year, but only 3.7 million jobs created annually inAfrica Health & Safety More than 200 million adolescents dividends: are out of school. Survive, grow and develop free from violence A critical window of Innovation and opportunity technology: 71% of Demographic those aged 15-24 are 35% of core skills will dividend : change between 2015 on-line empower, and 2020 educate & employ
Vision on Generation Unlimited is a Global multi-sector Partnership that • enables the largest generation of 1.8 billion young people (10- 24) to become productive and engaged members of society. Generation Unlimited connects Secondary-age Education and • Skills Development to Employment and Entrepreneurship. Together with partners, GenU designs country investment • agendas – portfolios of scalable initiatives and innovations - that can attract public-private partnership and investment for better education, skills, entrepreneurship and employment for millions of young people. } Global Business Coalition For Education
How GenU business model in countries GenU aims at creating in-country public/private platforms that attract and pool investment for scalable, bankable initiatives that have transformational potential for millions of young people. Country investment Global breakthroughs agendas GenU will bring together multisector GenU will create and source actors at country level to articulate a investable opportunities, attract targeted investment agenda with and capital, and scale innovations for young people at scale , and through multisector partnerships mobilize resources and policy reform in support of that agenda Successful initiatives are elevated to global breakthroughs Breakthroughs are adapted to local contexts and scaled through investment agendas } Global Business Coalition For Education
Where GenU in Countries • Reach 7.3 M young people with • Under the leadership of • To be launch Nov 1 education, skills and employment President Kenyatta, a GenU Will enable youth, connect them • opportunities by 2030 Leader, significant investments in to aspirational work and engage Create 1 M new apprenticeship youth skills in partnership with • them as active changemakers opportunities by 2023 Hosted initially by UNICEF, Mastercard Foundation, World • • SC chaired by the government and Bank, and DPs Strategic Advisory Board led by led by a2i, BRAC, ILO, UNICEF and SC co-chaired by the Office of • the government and composed the World Bank the President and UNRC private sector, UN, CSOs, and Public-private partners including Landscaping analysis foundation • young people • key industry associations Key private sector partnerships for Country Investment Agenda • representing more than 500 • Scale up of KYEOP and digital with SAP, Quess Corp, Facebook, national businesses connectivity focusing on schools Accenture, Microsoft • WB partnership on skills for given WB’s Digital Moonshot for • Career Guidance Portal economic transformation Africa (US$25 billion) supporting over 2 million youth
Why Who is Generation Unlimited? GenU represents an unprecedented coalition of leaders coming together for young people Not exhaustive* Private sector actors with Governments (and regional UN Agencies with deep Financing organizations visibility into labor market bodies) with the ability to expertise and connections (including foreign dev. aid) needs, valuable corporate reshape policy, systems, and with country governments with resources dedicated to assets budget allocations youth agenda Highlights to-date In April 2019, the WBG announced a $1b investment Partnerships focused on Civil society organizations in GenU as part of its Human Capital Project young people with existing and young advocates/ The Netherlands also pledged a €10m commitment for initiatives for learning that leaders with vast knowledge GenU’s learning-related efforts over the next 5 yrs can be scaled of local context, service delivery, and advocacy Ireland made a €1m contribution for 1-2 global breakthroughs (topics tbd) and youth engagement Dubai Cares pledged a $5m contribution for 3 global breakthroughs (digital connectivity, remote learning *For the full list of the GenU Leaders, Board members and Champions, and work, and portable certification) (as of July 2019) please see page. 15 of the Investment Case brochure
Why GenU Global Breakthroughs Harnessing data analytics Making the internet from digital job-matching accessible, affordable platforms to inform& and usable for all young equip the teachers& skills people Expanding remedial trainers learning opportunities through AI-based personalized learning tools Developing educational Supporting more young certification that is people to utilize the recognized across remote learning& work borders platforms Leveraging machine- learning, instant translation tools to provide online learning tools in all languages Promoting frontier tech Devising systemic to improve urban pathways for young livelihood for and with people to gain the skills young people required for green jobs Building the infrastructure and Deploying AI and innovations Providing effective job-matching enabling environment for to enhance learning of the and training to the future workforce digital economy most marginalized young people by using big data& megatrend analysis } Global Business Coalition For Education
Kormo & BRAC-sdp BRAC-SDP started working in the Informal Sector by providing offline trainings to the SKILLS DEVELOPMENT PROGRAMME beneficiaries. Along with the trainings the SDP assist the learners to place them at jobs and this is where BRAC realise the need of a better way to access jobs. (Offline Trainings) Google partnered with BRAC-SDP and launched Kormo which is a jobs and careers app (Online Trainings) } Global Business Coalition For Education
Educate! tackles youth unemployment by reforming what schools teach and how they teach it , so that students in Africa have the skills to attain further education , overcome gender inequities , start businesses , get jobs and drive development in their communities . Our model is delivered through practically-trained teachers and empowered youth mentors. Educate!’s goal is to make this practical, skills-based model part of national education systems. } Global Business Coalition For Education
} Global Business Coalition For Education 5 Key Goals of YouthConnekt Afrika 12 Countries have launched YouthConnekt Create 10 million jobs for youth Empower 25 million youth with skills Nurture 1 million young leaders Connect 100 million young Africans Close the gender gap
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