Results in Education for All Children (REACH) : Assessment of the Pilot Year
Results-based financing (RBF) has the potential to transform how education systems operate, and the types of results they achieve for children the world over. As a financing instrument, RBF shows much promise for helping clients enroll the 121 mill...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/03/26015538/results-education-all-children-reach-assessment-pilot-year http://hdl.handle.net/10986/24022 |
| Summary: | Results-based financing (RBF) has the
potential to transform how education systems operate, and
the types of results they achieve for children the world
over. As a financing instrument, RBF shows much promise for
helping clients enroll the 121 million children still out of
primary and lower secondary school, and teach the 250
million in school but still unable to read or write. Indeed,
RBF has dramatically improved the delivery of health
services in over 30 countries to date. Although more nascent
in the education sector, RBF programs can foster the right
incentive structures in education systems, overcoming
challenges that impede additional and better education
services for the most excluded children and youth. In 2015,
the World Bank Group (WBG) launched REACH, a multi-donor
trust fund that strives to support country clients in this
space, and accelerate the RBF agenda within the institution.
This assessment reflects on lessons learned in 2015, and
estimates the demand for future RBF in education. The
lessons have been distilled from the early experiences with
the 20 REACH-funded grants, as well as from the just-in-time
support provided to Bank teams and country clients across
the globe (about 20 countries in total). The assessment
concludes with recommendations for the continued evolution
of REACH. |
|---|