Education financing
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.