LEADER 02329cam a22003735i 4500001 99131234381906421 005 20170413131211.0 006 m o d 007 cr cn||||||||| 008 020129s2017 dcu o i00 0 eng^^ 024 7 10.1596/26268 |2doi 035 (CKB)4920000001213946 035 (The World Bank)26268 035 (US-djbf)26268 035 (EXLCZ)994920000001213946 040 DJBF |beng |cDJBF |erda 110 2 World Bank Group. 245 10 Results-Based Financing in Education : |bFinancing Results to Strengthen Systems. 246 Results-Based Financing in Education 264 1 Washington, D.C. : |bThe World Bank, |c2017. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Other papers 520 3 Result-based financing (RBF) captures the essence of how the World Bank Group (WBG) is implementing its education strategy, Learning for All. The strategy emphasizes learning (rather than just schooling), since that is what leads to economic growth, development, and poverty reduction. Second, the strategy calls for investing For all so as to ensure the equity dimension behind the Sustainable Development Goals (SDGs) and the Bank's Twin Goals of reducing poverty and boosting shared prosperity. These goals can be achieved through strengthening education systems. This paper largely focuses on how finance, and RBF specifically, can be used as a lever to pull education systems into coherence. RBF encompasses all of the four transformations called for: performance, innovation, inclusion, and finance. Specifically, putting results first (performance), and embracing results-based approaches to finance (finance) is at the heart of the WBG approach. The approach also offers a new way of approaching problems (innovation), and incentivizing results allows for differentiating levels of rewards, in order to favor traditionally disadvantaged groups, such as rural girls or children living with disabilities (inclusion). 650 4 Economics of Education 650 4 Education 650 4 Education Finance 650 4 Education For All 650 4 Educational Institutions & Facilities 650 4 Finance 650 4 Teachers 830 0 Other papers 830 0 World Bank e-Library. 906 BOOK