Innovative Finance for Education

Given the general decline in global aid to education and the need for an additional USD 1.8 trillion per year (as estimated by the Education Commission) in low and middle-income countries to achieve SDG4, there is a growing interest in turning to innovative financing approaches for the sector. NORRAG’s work on Innovative Financing for Education (IFE) aims to develop capacity and deepen the collective knowledge about the mounting numbers and modalities of innovative financing mechanisms in the education sector. By conducting research on diverse IF experiences in education, NORRAG is building empirical evidence on the additionality and efficiency of IFE and its impact on the provision, quality, and equity in education. NORRAG, with various partner organisations, has developed several research working papers, case studies on the experience with innovative financing, and other knowledge products. All knowledge products are open source and can be found on NORRAG’s website. Periodically, NORRAG also holds online and in-person events and shares highlights and recordings of these events on the website to reach a wider audience.


Please contact us:

    1. If you would like to develop workshops or talks for education and finance professionals on innovative financing for education using IFE project material.
    2. If you would like to develop additional case studies on an innovative financing project or partner with NORRAG on additional research on the topic.
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