Education Outcomes Fund
Authors: Georgia Thorne and Albiana Eli Jasiqi
Hosted by UNICEF, the Education Commission and Global Steering Group for Impact Investment (GSG) have created the Education Outcomes Fund (EOF) for Africa and the Middle East. Through its funding model of paying for the achievement of predetermined outcomes, the EOF aspires to provide effective, efficient and scalable solutions to achieve Sustainable Development Goal (SDG) 4. The Fund’s goal is to improve national education systems by seeking to provide inclusive quality education and training for 10 million children and youth across Africa and the Middle East. To do so, it aims to make USD 1 billion available by 2030 to support governments’ efforts in financing education and youth employment. In 2022, the first two projects financed by the EOF were launched in Ghana and Sierra Leone.