Innovative Financing for Education

This resource from Results for Development (R4D) examines the application of innovative financing mechanisms to address critical funding gaps and improve educational outcomes globally. It explores new and novel ways to generate predictable, additional, and sustainable finance for education, drawing lessons from other sectors. The paper assesses various instruments, such as outcomes-based financing, education bonds, and loan buy-downs, to identify those with the most potential for scalability and positive impact on access, equity, and learning in developing countries.