2009 Annual Report on donor trends in meeting education needs in countries affected by conflict and emergencies. The report demonstrates where and how donors must act to ensure that children in countries affected by conflict and emergencies do not miss out on their education, particularly in the midst of a global financial crisis. Since the first report was published in 2007, donors have made some progress. But big gaps still remain. This report finds there has been an increase in education aid to conflict-affected fragile states (CAFS). But CAFS still only receive a quarter of basic education aid, even though they are home to more than half – 40 million – of the world’s 75 million out-of-school children. Based on current trends, the required levels of basic education aid to CAFS will not be reached until 2034. The role of education in emergency contexts now has greater recognition in the international community, and funding for education in emergencies has increased. However, this funding is still not enough to meet the urgent needs of children in countries affected by conflict and emergencies. And too few donors have a policy commitment to education in emergencies. Education donors must act immediately to accelerate progress if they are to fulfil their promise of good-quality education for all children by 2015.