$11.5trillion could be added to global GDP by 2028 if the skills gap was addressed
By 2030, more than one out of every two children will lack the most basic skills they need. They will be out of school, or have such a poor quality education that they are unable to read or do basic mathematics – let alone meet the demands of the coming Fourth Industrial Revolution, which will be driven by emerging technological advances.
The growing proportion of youth lacking basic work skills correlates to unprecedented levels of young people who are out of work or underemployed. But this skills shortage doesn’t just affect young people.
It means employers have a harder time recruiting the right talent, which places them at a disadvantage in competitive business landscapes. Where businesses face resource challenges, industries are less healthy and lack opportunities for workers. In short, a global skills mismatch means everyone loses.
With 1.8 billion youth around the world, Theirworld works to help bring the skills requirements for the next generation into sharper focus. We believe workforce readiness, soft skills, technical skills and entrepreneurship are vital to helping young people stake out a meaningful place in the society of the future.
We campaign for greater investment in inclusive skills for the next generation because it’s been proven that a quality education provides the best route out of poverty, inequality and instability.
If we are to address the global education crisis, governments, business and young people must work together to develop the resilient skills and qualifications that will be needed to adapt to the future of work.
More on why this matters
Skills for their future
We work globally to equip the next generation with the skills they need
Click on a country to see which projects are active there
Small Grants Programme
Theirworld’s Small Grants Programme gives grants of up to £10,000 to registered charities and non-profits helping disadvantaged and overlooked young people in the UK and around the world.
All children in education
Working alongside the Greek government, UNICEF and local community organisations, Theirworld has invested more than $5 million to address the refugee education crisis in the Greek mainland and Islands.
Trauma informed schools
Theirworld partners with Maya Vakfi in Turkey to deliver a programme which helps students cope with traumatic experiences and gives teachers the skills to understand and address their needs.
Skills for their future
Theirworld partners with local organisations across Africa and the Middle East to help girls learn skills, schools deliver quality education and local companies offer work opportunities.
Education Innovation Awards
Theirworld’s Education Innovation Awards offers non-profits, NGOs and charities the chance to secure scale-up grants and resources to help their work in reaching overlooked youth and children.
MBA Project with Edinburgh Business School
Theirworld partnered with Scotland’s Edinburgh Business School to offer 20 fully-funded Master of Business Administration (MBA) scholarships to refugees living in Lebanon and vulnerable Lebanese citizens.
There’s a $59bn a year black hole in global education funding
Tell world leaders to prioritise education for all