In light of the emerging mega-trends and intricate challenges facing the Europe and Central Asia (ECA) region, this note presents a review of how neglecting to have a continued focus on education in ECA region can lead to a negative impact on innovation and growth. It presents a strategic realignment of the education sector interventions in the region. At the heart of this report lies the recognition of education as a transformative power given its pivotalrole in shaping the future in ECA, paving the way for sustainable growth and development. The intended audience is World Bank internal stakeholders in ECA, specifically the country management teams, to help stimulate and facilitate the dialogue between the World Bank and its clients in ECA. At the same time, the report also targets a diverse audience, including policymakers, education practitioners, and researchers invested in the advancement of education in ECA.