EDISON Alliance Impact Report 2024

FIGURE 3 Breakdown of lives impacted by focus area 59%58% 18%12%Finance HealthEducation12% Digital infrastructure Key takeaways 1 Education is a key driver of development, yet 16% of children and youth globally do not attend school, revealing a trend of education progress stagnation.4 EDISON Alliance partners have significantly increased their efforts in tackling this issue in the last year. In total, EDISON Alliance partners have impacted the lives of 94 million people through digital and online education, a notable four-fold increase of lives impacted in only one year. 2 Digital financial services play a pivotal role in integrating the unbanked and underbanked into the financial system. More than half of the total lives impacted by EDISON Alliance partners, 463 million, have benefitted from expanded access to digital financial and banking services. This represents a 65% increase, or 183 million additional lives impacted since last year. 3 Adoption of digital and remote healthcare services has accelerated since the COVID-19 pandemic. EDISON Alliance partners have provided 141 million people in total with access to healthtech solutions and remote care, a 57% increase from last year.BOX 1 Insight The significant surge in lives impacted through digital education can be attributed to a combination of new partner initiatives brought to the alliance and the continued expansion of initiatives over time, reaching more advanced stages of development and impact. While this development is notable, and a large portion of the initiatives submitted to the alliance target digital education, the vast majority of lives reached remain through digital financial services. Note: Circles are representative of their respective percentagesBy focus area 3.1 EDISON Alliance Impact Report January 2024 9 Contents