125 million children are out of school, and there are nearly one billion illiterate adults. In a rapidly globalising world, the costs of excluding so many from the economic and political opportunities associated with education are rising sharply, and threaten growing instability. At the Spring Meetings of the World Bank and IMF, the world's Finance and Development Ministers will consider an action plan for achieving education for all. This action plan represents the best chance in a generation to get all the world's children into school. Ministers should turn the promise of new aid made last month in Monterrey into action to tackle the global education crisis.