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The Africa and Middle East Education Outcomes Fund (EOF) aims to contribute to the achievement of Sustainable Development Goal 4, ensuring inclusive and quality education for all by using results-based finance to strengthen national education systems. EOF will therefore be child- and youth-centered, placing a relentless focus on learning and employment outcomes that incentivize quality and inclusivity. Once launched, EOF will partner with governments in Africa and the Middle East to set target learning outcomes and identify the appropriate actors to deliver against them. EOF will fund successful interventions through a pre-agreed price per outcome, using pooled funds from aid, philanthropy, and corporate giving. In doing so, EOF will ensure that funding only goes to what works and will systematically shift funds towards scaling programs that demonstrate the best results and value for money. We believe that how you pay for things matters and that results-based finance can be a powerful tool for governments to drive quality education in their countries.
We are currently in the design phase of the initiative, engaging hundreds of stakeholders across the public, private, and social sectors to develop a fit-for-purpose outcomes fund that can be adapted to local context. We welcome input as we collectively build this game-changing approach to financing results in education. Please reach out to email@example.com for more information.