From the article:
Gordon Brown is launching a $10bn (£7.4bn) scheme to widen access to education in some of the world’s poorest countries.
The UN global education envoy and ex-UK prime minister wants donor countries to act as guarantors on low-cost lending for projects.
The fund aims to tackle the problem of 260 million children without schools.
Mr Brown warned the UN in New York that such gaps would have “catastrophic consequences”.
The International Finance Facility for Education, backed by the UN and World Bank, aims to provide $10bn worth of loans and grants to allow poorer countries to build schools and hire teachers.