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Outcomes-Based Finance & Early Childhood Care and Education

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:

Outcomes-Based Finance & Early Childhood Care and Education concept paper
Download PDF • 1.18MB

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


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