This case study showcases the design and the process of establishing a catalytic platform, the India Education Outcomes Fund (IEOF) of Social Finance India (SF-IND), aimed at providing sustainable and innovative funding at scale to deliver educational outcomes. The IEOF is still under development but readers of this case study can learn about what is involved in setting up such a platform by understanding the issues encountered, choices made and implementation mechanisms being considered for adoption in the marketplace.
Social Finance India (SF-IND) was established in 2018 as a nonprofit organization dedicated to harnessing capital to address social challenges, with the financial support of Tata Trusts and the Global Steering Group for Impact Investment (GSG). It is part of the Social Finance Global Network (SFGN). SF-IND set up the IEOF with an aim to create transformational impact in Indian education through funding USD 1 billion of outcomes-focused activities by 2030. As far as the status of education is concerned, India has achieved access and participation of children in education and the major challenges are those of learning crisis and equity concerns.
The Flexible Learning Strategies for Out of School Children programme is a UNESCO initiative with the aim of supporting inclusive and quality education for every child in the region. Our goal is to reach the remaining and most vulnerable 5% of children with no access to education in the region and support quality improvements in learning for every child.
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