The FINANCIAL — ING will join the Generation Unlimited partnership, a United Nations (UN)-led initiative aiming to ensure that every young person is in education, learning, training or employment by 2030.
Generation Unlimited joins businesses, governments, organisations and young people to create new ways to tackle three challenges: access to secondary age education, acquisition of employability skills, and empowerment, especially of girls. It was launched as part of the UN’s ‘Youth2030’ strategy.
In tackling these challenges, the partners aim to broker support and provide mentoring and funding, placing young people at the forefront of change.
The world today has 1.8 billion young people between 10 and 24 years old, with nearly 60 percent living in developing countries. Many do not enter, transition to or complete secondary education and therefore aren’t acquiring the skills they need to secure jobs – therefore putting their prospects at risk.
ING CEO Ralph Hamers will be one of the global board members of Generation Unlimited. In this role, he’ll help establish the strategic direction of the partnership, mobilise and share knowledge, and offer support for implementation and scale-up of the proven models.