Results-based financing for education

Results-based financing (RBF) provides the government the opportunity to pilot projects, test innovation and see what works.

The evolution from traditional input-based spending, leading to the increasing adoption of results-based financing solutions with the ability to deliver more and better societal outcomes, is probably the single greatest evolutionary step that the public sector should take to embrace the impact revolution.

Whilst the design and technical aspects of the different RBF tools are of the utmost importance, closely relating these to reality and to the issues we seek to address is paramount. This case study promotes this issue-centred approach, as an example of how RBF can have valuable role to play in improving educational outcomes.