Financing and incentives for skills development: making lifelong learning a reality?
Despite the many documented benefits of lifelong learning for individuals, enterprises and societies, its levels still remain lower than needed, due to significant funding gaps. Ensuring stable funding and establishing appropriate incentives for training providers, individuals and enterprises is a pressing need. This policy brief discusses options for funding and incentivising LLL, analysing the benefits and challenges of available options. Continuing vocational training (CVET) and adult learning are particularly in focus, due to their lower and inconsistent funding and frequent lack of policy attention.