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 mechanisms for the sector. NORRAG’s work in the area of 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 provision, quality and equity in education.
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