Tying Money to Learning: A Guide to Results-Based Financing in Education

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What’s it about

This guide helps education officials apply Results-Based Financing (RBF) to improve learning outcomes. It explains how poor incentives can undermine progress and how RBF can shift focus to what matters: student learning.

 

It outlines key drivers of impact—attention, alignment, accountability, flexibility—and explores different RBF models like grants and contracts. Tools like the RISE framework help assess if RBF fits a given context. When well-designed and supported, RBF can boost learning, enrollment, and equity.

When to Use It

  • When seeking to learn about the use of RBF in the education space
  • Early in a reform process, to explore how RBF could solve persistent education performance issues
  • When diagnosing incentive failures using system-thinking tools like RISE
  • When designing or scaling RBF pilots or embedding them in national systems
  • When seeking to move from small experiments to government-owned, institutionalized reforms
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