In an era where education is the key to unlocking opportunities, fostering social equity, and driving economic growth, Southeast Asia stands at the forefront of a transformative journey. On August 31st, 2023, education experts from across the region came together for the 8th Equitable Education Alliance (EEA) Meeting—an online conference dedicated to the pursuit of equitable education. From groundbreaking tools to inspiring success stories, the event shed light on the path to a brighter educational future.
Dr. Lars M. Sondergaard, the Lead Economist at the World Bank, highlighted the significance of monitoring and evaluation (M&E) as a fundamental component of their projects. He emphasized 5 key reasons that underscore the critical importance of M&E:
- Accountability: M&E holds programs accountable for their actions and results, enabling stakeholders to assess whether they are achieving their intended objectives.
- Effectiveness Assessment: Consistent M&E allows stakeholders to gauge the effectiveness of interventions, helping them discern what works and what needs improvement.
- Culture of Learning: Focusing on M&E promotes a culture of learning and adaptability within organizations, enabling them to determine their successes and failures.
- Resource Optimization: M&E helps organizations identify areas where resources are inefficiently utilized, enabling better resource allocation and cost-effective interventions.
- Data-Driven Decision-Making: Dr. Sondergaard stressed that M&E ensures that decision-making is grounded in data and evidence rather than assumptions or personal experience.
Read the full article on the Equitable Education Fund (EEF) website.