World Bank to invest $1 billion to boost job prospects for young people in alignment with Generation Unlimited

WASHINGTON, April 8, 2019 – The World Bank and UNICEF announced a new commitment to promote education, skills and training for young people in developing countries with the goal of boosting their employment prospects. 

The Skoll Foundation announced today that Harambee Youth Employment Accelerator has received the 2019 Skoll Award for Social Entrepreneurship. Founded by Silicon Valley entrepreneur Jeff Skoll, this prestigious award recognises change agents whose innovations have had significant, proven impact on the world’s most pressing problems. It is a select honour that has only been given to about 100 organisations globally since its inception. This news comes ahead of the Skoll World Forum being held next week in Oxford, England.

The Ideas for Action Competition 2019 is open for applications. Ideas for Action provides students and young professionals from around the world with a unique opportunity to help shape the international development agenda and to take an active role in changing the world.

A joint program of the World Bank Group and the Zicklin Center for Business Ethics Research at the Wharton School, Ideas for Action is a knowledge platform connecting young leaders all around the world who are passionate about the future development of our world.

The Sawa World Day celebrates local solutions that can transform the lives of vulnerable youth everywhere.