With 189 member countries, staff from more 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Foundations of education of children of preschool age Group works in every major area of development.
We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. The World Bank supports early childhood development through financing, policy advice and more. Yet today, millions of young children are not reaching their full potential because inadequate nutrition, a lack of early stimulation, learning, and nurturing care, and exposure to stress adversely affect their development. In Africa alone, one third of children are stunted.
Worldwide, only half of all three to six-year-olds have access to pre-primary education. In low income countries, just one in five children has access to preschool. One in 200 children in the world is displaced, exposing them to the kind of stress that can undermine their development. Investments in young children are minimal: in Sub-Saharan Africa just 2 percent of the education budget goes to pre-primary education, while in Latin America government spending on children under 5 is a third of that for children 6 to 11. Smart investments in the physical, cognitive, linguistic, and socio-emotional development of young children —from before birth until they transition to primary school— are critical to put them on the path to greater prosperity, and to help countries be more productive and compete more successfully in a rapidly changing global economy.