Aflouton: Empowering Children with Social and Financial Education

We aim to ensure access to high quality, inclusive, and youth-centred life skills and financial literacy for all children and young people worldwide, especially to the most vulnerable.

By

Aflatoun International

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Social causes

Beneficiaries

SDGs covered

Endorsed by

Credit Suisse

Credit Suisse is a global financial institution that provides financial services in the areas of investment banking, private wealth and asset management.

Market of Implementation

  • Bangladesh
  • , Cambodia
  • , China
  • , India
  • , Indonesia
  • , Laos
  • , Malaysia
  • , Mongolia
  • , Myanmar
  • , Nepal
  • , Pakistan
  • , Philippines
  • , Sri Lanka
  • , Thailand
  • , Vietnam

Problem

Quality education is still inaccessible to millions of young people worldwide. Even children and youth who complete basic-level education face limited chances of acquiring high-quality learning that will help them with the skills, knowledge, and attitude required to thrive in a rapidly changing world. Despite significant improvements in recent years, formal and informal education systems rarely provide more than so-called “academic” educational skills, and continue to focus on subjects that only partially prepare young people for contemporary realities and labour market requirements.


We notice that there is growing global consensus - backed by evidence - that successful performance in school, work, and life needs to be supported by a wide range of life skills and values. Based on this, providing children and young people with the relevant skills and attitudes is crucial to their development. This is particularly relevant for the most vulnerable, including girls and young women.

Solution

The unique approaches that Aflatoun international uses to address the lack of quality education for children are as follows:


  1. Advocate for social and financial education for all children and youth. This means
    • social and financial education (SFE) is widely integrated into programmes for young people
    • SFE is recognised as an important contributor to the overall quality of education
    • SFE is integrated into national, regional and international policy frameworks and strategies
  2. Through Curricula, improve the quality of existing social and financial education , and ensure its relevance and efficacy by linking it to emerging issues, such as migration, climate change, peacebuilding, girls’ empowerment and youth employment.
  3. A strengthened network can help accelerate the scale-up of social and financial education whilst ensuring quality. To this end, we employ complementary strategies to support integration into national curricula and campaigns addressing societal challenges.

For more information on our solution, do refer to our Slide Deck

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We see social investment as a continuum that encompasses everything from philanthropy and venture philanthropy to impact investing, CSR and sustainable investment. We call this the “Continuum of Capital”.

We see social investment as a continuum that encompasses everything from philanthropy and venture philanthropy to impact investing, CSR and sustainable investment. We call this the “Continuum of Capital”.

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