Education
Despite efforts to generate more funds for education, current financing in the education sector is inadequate, inefficient, and inequitable to ensure quality education and improve learning outcomes. One way to fill the financing gap is innovative finance, which means not only sourcing new and additional funds but also spending these funds efficiently and effectively. Blended finance, one type of innovative finance, uses public funds to attract private capital to sustainable development projects by minimizing their risk. The use of blended finance has spread over the past decade in the energy sector for example, but there is scope for it to be applied more widely in the education sector.
Main Authors: | , |
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Format: | Working Paper (Numbered Series) biblioteca |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2024-05-01
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Subjects: | QUALITY EDUCATION, SDG 4, FINANCE, BLENDED FINANCE, INNOVATIVE FINANCING, |
Online Access: | http://documents.worldbank.org/curated/en/099042624181519346/P5009781490d0b070195ed1cd5436f2922c https://hdl.handle.net/10986/41476 |
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Summary: | Despite efforts to generate more
funds for education, current financing in the education
sector is inadequate, inefficient, and inequitable to ensure
quality education and improve learning outcomes. One way to
fill the financing gap is innovative finance, which means
not only sourcing new and additional funds but also spending
these funds efficiently and effectively. Blended finance,
one type of innovative finance, uses public funds to attract
private capital to sustainable development projects by
minimizing their risk. The use of blended finance has spread
over the past decade in the energy sector for example, but
there is scope for it to be applied more widely in the
education sector. |
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