At the Education Outcomes Fund, we believe that the conditions are ripe for testing at scale the potential of outcomes- based finance (OBF) for more and better investments in early childhood care and education (ECCE) programmes. In this concept paper, we take a look at past and current results-based finance programmes in ECCE, outline the challenges facing governments in the provision of ECCE services, and discuss the potential of the OBF approach and a particular OBF model, the outcomes fund, in tackling these challenges.
Our goal is to initiate a conversation about the potential of the OBF approach with governments, donor organizations, impact investors, implementers, and researchers who recognize the value of ECCE programmes and share a commitment to improve young children’s developmental outcomes. We are also interested in collaborating with new funding partners and knowledge partners – both in launching an OBF programme portfolio in ECCE and in pursuing a learning agenda to understand the potential (and the limitations) of the OBF approach for advancing equitable access to quality ECCE.
You can download the full paper here:
If you are interested in the ideas we share in this concept paper and would like to set up a meeting to discuss potential areas of collaboration, please contact Dr Özsel Beleli, Head of Learning and Engagement for Early Childhood and Education at the Education Outcomes Fund at ozsel@edufundmea.org.