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Global Advisory Panel on Skills Launched to Enhance Income and Reduce Poverty

The Global Advisory Panel on Skills, launched by CGD and the World Bank Group, aims to identify cost-effective skills programs that boost incomes and reduce poverty.

• Source: World Bank Education

Key Summary

  • The Global Advisory Panel on Skills (GAPS) was launched by CGD and the World Bank Group.
  • GAPS will review evidence on skills programs to identify effective interventions.
  • The goal is to raise incomes, reduce poverty, and improve job outcomes through skills development.

Why it matters

Understanding which skills programs effectively improve incomes and employment can guide policymakers and organizations in investing resources efficiently to support workforce development and economic growth.

Business takeaway

Organizations should monitor findings from GAPS to align skills training initiatives with proven cost-effective strategies for better employment outcomes.