Education financing

We work with governments and their development partners to secure adequate, effective, equitable, and sustainable financing of education systems to deliver high-quality learning opportunities for all children and youth, particularly those at greatest risk of exclusion.

We provide policy-relevant diagnostics and research on education finance, deliver support for education planning and budgeting, and offer bespoke technical assistance and capacity development services. Our key areas of work include:  

  • Analysing the fiscal space and potential sources of funding for education;
  • Carrying out diagnostic studies to support system-strengthening using tools such as public expenditure reviews and public-expenditure tracking surveys;  
  • Developing sector costing models and costing-specific interventions to inform sector needs for planning and budgeting;  
  • Designing and evaluating financing mechanisms, such as conditional grant funding to sub-national authorities and schools, results-based financing, and other non-traditional modalities;
  • Reviewing public-private partnership models of financing for education;  
  • Evaluating interventions from an economic perspective, looking at affordability, value-for-money, and cost-effectiveness to support governments in taking decisions about replication or scale-up; and
  • Developing capacity of government and development partner officials in aspects of public financial management for better planning, budgeting and execution in education. 

We work with a wide range of development partners on education financing initiatives, including: World Bank, Education Outcomes Fund, UNICEF, Global Partnership for Education, and British Asian Trust.

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