The GPE Multiplier is an innovative finance instrument that provides an incentive and the financial resources to catalyze more and better investment in education.

Eligible countries access the GPE Multiplier by working with partners to leverage new and additional external financing. Partners benefit by helping countries secure further funding from GPE. Countries benefit by crowding in additional funding for education. And both benefit by aligning more funding behind national priorities.

The Multiplier works alongside other sources of external funding. It can be invested as a grant or used to lower the interest rate on concessional lending, for example from multilateral development banks or bilateral donors. It can also work alongside other, nontraditional sources of development finance, including private capital.