Education is a critical tool for reducing poverty and inequality, and for driving development. However, an estimated 24 million children worldwide will never enter a classroom, and 250 million cannot read or write, although many have been to school. OBA projects in education can be designed to bridge the gap between the cost of providing quality education and the funds available.
Globally, around 1.1 billion people live without access to electricity. Ensuring universal access to affordable, reliable, sustainable and modern energy by 2030 is one of the Sustainable Development Goals adopted in 2015. GPOBA supports the energy access goal using output-based approaches to service delivery for low-income communities through subsidies linked to actual results achieved.
GPOBA's Annual Report provides highlights of all the different activities undertaken throughout the year, including the portfolio of Subsidy Projects, Technical Assistance Activities, and Dissemination Activities. In addition, it provides information on the strategic direction of the program and Financial status to the donors and other interested parties.