A grant of £300,000 announced on Wednesday morning by The Scottish Government to the Edinburgh International Book Festival will ensure the continuation of free events for schoolchildren.
This funding will replace financial backing from Baillie Gifford which was lost last year after protests against the investment company’s involvement in fossil fuel industries. Baillie Gifford was the major sponsor of the schools programme.
This year there will be more than 60 in-person and livestreamed events, including author talks with How to Train Your Dragon author Cressida Cowell and award-winning storyteller Frank Cottrell-Boyce. The grant will also maintain travel cost support and free tickets for pupils whose families are unable to cover the cost of ticketed events, ensuring young people of all backgrounds in Edinburgh have the chance to take part in the internationally renowned festival. Children attending will also receive a free book through the philanthropy of Book Festival donors.
The Scottish Government also announced that it is spending an additional £4 million on Scottish festivals in Edinburgh and Glasgow. This is part of a commitment by the government to invest an additional £100 million annually in arts and culture by 2028-29.
Creative Scotland has already awarded the Edinburgh International Book Festival £1,88 million in public multi-year funding for the next three years, more than doubling previous support.
Minister for Business and Employment Richard Lochhead said: “The Edinburgh International Book Festival is one the country’s most significant cultural institutions. Its schools programme has been crucial in fostering literacy and cultural engagement among young people, with thousands of pupils benefiting annually from free events and resources.
“This funding secures those benefits for young readers across Edinburgh, helping schools that might otherwise struggle with travel costs, and ensuring they have the same opportunity to take part in one of the world’s leading literary festivals.”
Jenny Niven, Festival Director & CEO of Edinburgh International Book Festival said: “The work the Book Festival does for children and young people is a cornerstone of what we do. Publishing for children and young people has never been more vibrant, and the benefits of reading never better evidenced.
“The Festival is perfectly positioned to help children engage with the amazing range and breadth of stories around them, to support teachers to use books imaginatively and creatively in learning, and to supply older kids with the tools to think critically, and learn to evaluate the deluge of info around them. This aspect of what we do is vital, and we’re delighted to have specific public funding support to develop this work further in the coming years.
“We’ve identified the cost of transport as a key barrier to a wider cohort of schools joining us in August, and are committed to maintaining free access for as many children as possible. We’re delighted that the Scottish Government’s increased support for festivals has delivered public funding to develop this work further in the coming years and we look forward to widening our reach across Scotland and exploring further the digital potential of what we do.”
Baillie Gifford funding ended last year
In August last year the book festival board announced they would end their 20 year relationship with Baillie Gifford.
At the time Allan Little, chair of the Edinburgh International Book Festival, said: “Our team cannot be expected to deliver a safe and sustainable festival this August under the constant threat of disruption from activists. This was a pragmatic response to that reality.
“Funding for the arts is now in a perilous position and we should all be clear that without the support of our partners and donors, the future of festivals like ours – and all of the benefits these events bring to authors and readers alike – is in jeopardy.
“We are a charity that provides an important platform for authors and readers of all views and political opinions to agree, disagree, challenge, and provoke. Book festivals around the world are forums in which rigorous, intelligent debate can take place. Our festival should be a place where progressive and nuanced discussion can happen in a safe and respectful space.
“Indeed, our programme this year is designed to give a voice to those directly affected by conflict and those engaged at the most senior levels in its resolution. We will explore the real challenges involved in transition, green tech and climate finance, misinformation and the need for new economic models.
“We are determined to have those debates and to have them out in the open, but we need everyone to come to the table. We have made several invitations to Fossil Free Books, and other groups, to attend this year’s festival and regret that they have not responded to those offers.”
And also in 2024 Nick Thomas, partner, Baillie Gifford, said: “Our collaboration with the Edinburgh International Book Festival, spanning decades, was rooted in our shared interest in making Edinburgh a thriving and culturally vibrant place to live and work. In recent years we have been proud to support the Schools’ and Children’s programmes, providing free books and creating opportunities for young readers to meet authors.
“The activists’ anonymous campaign of coercion and misinformation has put intolerable pressure on authors and the festival community. We step back with the hope that the festival will thrive this year and into the future. We hold the activists squarely responsible for the inhibiting effect their action will have on funding for the arts in this country.
“Baillie Gifford is a long-term investor with high ethical standards and a complete focus on doing what is right by our clients. The assertion that we have significant amounts of money in the Occupied Palestinian Territories is offensively misleading. Baillie Gifford is a large investor in several multinational technology companies, including Amazon, NVIDIA, and Meta. Demanding divestment from these global companies, used by millions of people around the world, is unreasonable and serves no purpose. Much as it would be unreasonable to demand authors boycott Instagram or stop selling books on Amazon.
“Nor is Baillie Gifford a significant fossil fuel investor. Only 2% of our clients’ money is invested in companies with some business related to fossil fuels. We invest far more in companies helping drive the transition to clean energy.
“We remain committed to contributing positively to our community through philanthropic support.”
