Find more about education financing here.
Governments and education-related organizations seek partnerships and innovative financing solutions in solving financial issues in education. Partnerships, especially ones involving the private sector, can help provide funds to the most disadvantaged. A NORRAG working paper describes that innovative financing is a non-traditional approach to raise new funds and to spend existing funds in more efficient and effective ways using market-like practices.
This section provides information on financing for equitable education from the familiar mechanisms such as investment in education, public spending management, budget allocation formula, traditional fundings, donors and sponsors, to new financing models for education, private sector engagement, partnerships, crowdfunding, social actors’ sharing of costs, risks and responsibilities, and innovative financing for education.
You will get to know the recent financing trends for education, news and information on financing, including innovative financing, and how countries, organizations and schools manage their financing and fill the funding gaps. Not only government officials, education personnel and the private sector can also benefit from the section, as they can all work towards equitable and inclusive education.