Pipeline
| ID | INDIGO-PL-0066 |
|---|---|
| Project Name - (Value) | Ghana Education Outcomes Fund |
| Contact - Name - (Value) | Ozsel Beleli |
| Contact - Email - (Value) | ozsel@edufundmea.org |
| State of Development - (Value) | Launched |
| State of Development - (Source ID's) | source1 |
| Stage of Development - (Value) | Early stage |
| Stage of Development - (Source ID's) | source1 |
| Stage of Development - (Notes) | The project grant agreement was signed with the World Bank and Government of Ghana in July 2020. The procurement process for service providers, investors and the independent verification agent is ongoing |
| Type of instrument and project - Impact Bond - (Value) | No |
| Type of instrument and project - Outcomes Fund - (Value) | Yes |
| Type of instrument and project - Social Impact Incentives (SIINC) - (Value) | No |
| Type of instrument and project - Social Impact Guarantee - (Value) | No |
| Type of instrument and project - Payment-by-results (no pre-financing) - (Value) | No |
| Type of instrument and project - Technical Assistance and Market-building program (Must involve dedicated grant resources) - (Value) | No |
| (Source ID's) | source1 |
| Part of a larger outcomes-based financing program? - Part of a larger outcomes-based financing program? - (Value) | Yes |
| Part of a larger outcomes-based financing program? - Details - (Value) | The Education Outcomes Fund is a component of the World Bank’s Ghana Accountability for Learning Outcomes Project (GALOP). GALOP provides funding for outcomes (IDA, IBRD, and Global Partnership for Education funding) in education aimed at improving the quality of education in low performing basic education schools and strengthening education sector equity and accountability in Ghana |
| Part of a larger outcomes-based financing program? - (Source ID's) | source1 |
| Dates - Expected Launch Date - (Value) | Q3 - 2022 |
| Dates - Total expected project development time - (Value) | >24 months |
| Dates - Expected length of project (years) - (Value) | 5 |
| Dates - Project design process began - (Value) | Q3-2018 |
| Dates - (Source ID's) | source1 |
| Rationale for using outcome based finance - (Value) | This intervention allows Ghana’s Ministry of Education to use limited existing resources more effectively by linking financing with impact and increasing emphasis on results. This model further improves collaboration among a multitude of stakeholders, brings in private sector expertise, and provides service providers the flexibility for innovative solutions to address specific education challenges for children in Ghana, and in particular OOSC/girls. Opportunity to align well-established non-state based education providers with Government priorities (as programme to be Gov-led) and greater accountability. |
| (Source ID's) | source1 |
| Role of the domestic government - Outcomes funder - (Value) | Yes |
| Role of the domestic government - Service provider - (Value) | No |
| Role of the domestic government - Member of project committee - (Value) | No |
| Role of the domestic government - No formal role - (Value) | No |
| Role of the domestic government - Other - (Value) | Project Implementing Agency |
| (Source ID's) | source1 |
| Service providers identified and selected - Request-for-proposals - (Value) | Yes |
| Service providers identified and selected - Direct contracting by outcome funder/investor/intermediary - (Value) | No |
| Service providers identified and selected - Provider-led deal development - (Value) | No |
| (Source ID's) | source1 |
| Feasibility study - (Value) | Yes |
| (Source ID's) | source1 |
| Proposed financing instruments - Debt - (Value) | No |
| Proposed financing instruments - Equity - (Value) | No |
| Proposed financing instruments - Guarantee - (Value) | No |
| Proposed financing instruments - Grant - (Value) | Yes |
| Proposed financing instruments - Other - (Value) | Working capital from investors |
| (Source ID's) | source1 |
| (Notes) | FCDO provides a grant to cover preparation costs |
| Technical assistance grant - Technical assistance grant - (Value) | Yes |
| Technical assistance grant - Details - (Value) | FCDO provided a grant to cover preparation costs |
| Technical assistance grant - (Source ID's) | source1 |
| Overall project finance - Estimated Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Estimated Maximum potential outcome payment - Amount - (Value) | 30000000 |
| Overall project finance - (Source ID's) | source1 |
| Overall project finance - (Notes) | US$30 million ($25.5 million GPRBA grant from FCDO, $4.5 million Government of Ghana) |
| Purpose and classifications - Social/Developmental challenge - (Value) | Whilst Ghana has made progress in expanding access to education, there are still over 450,000 primary-aged children who are out-of-school. For children in-school, learning outcomes are poor. In terms of years of schooling, though children in the country are expected to complete on average 11.6 years of schooling, 5.7 of these years are lost due to poor school content. |
| Purpose and classifications - Expected intervention model - (Value) | Ghana’s Ministry of Education will work with social investors and NGOs as service providers to implement the program, with the objectives of re-integrating OOSC into Ghana’s mainstream school system through an accelerated learning program and improving learning outcomes in the schools in which these children are placed, with special emphasis on girls’ education. The project will also help build sustainable capacity in targeted schools. Investors will provide the upfront financing in cases where service providers are unable to do so. Outcome payments to investors and/or service providers will be based on agreed-upon outcomes, and technical assistance will be provided for building government capacity to contract and manage outcomes. |
| Purpose and classifications - Policy sector - Employment and private sector development - (Value) | No |
| Purpose and classifications - Policy sector - Education - (Value) | Yes |
| Purpose and classifications - Policy sector - Social protection - (Value) | No |
| Purpose and classifications - Policy sector - Criminal justice - (Value) | No |
| Purpose and classifications - Policy sector - Health - (Value) | No |
| Purpose and classifications - Policy sector - Agriculture - (Value) | No |
| Purpose and classifications - Policy sector - Environment and climate change - (Value) | No |
| Purpose and classifications - Policy sector - Water, Sanitation and Hygiene - (Value) | No |
| Purpose and classifications - Policy sector - Energy - (Value) | No |
| Purpose and classifications - Policy sector - Humanitarian - (Value) | No |
| Purpose and classifications - Secondary SDG goals - (Value) | 4 |
| Purpose and classifications - (Source ID's) | source1 |
| Service users and beneficiaries - Target population - (Value) | Out of school children (OOSC) and primary school children grades P1-P4 attending a subset of GALOP beneficiary schools in which OOSC are placed. Emphasis placed on girls. |
| Service users and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 200000 |
| Service users and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Low-income - (Value) | No |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Lower-middle-income - (Value) | Yes |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Upper-middle-income - (Value) | No |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - High-income - (Value) | No |
| Service users and beneficiaries - (Source ID's) | source1 |
| Service users and beneficiaries - (Notes) | Around 120,000 (80,000 OOSC in areas with the highest absentee and dropout rates, including in Accra, and 120,000 in-school beneficiaries in 600 beneficiary schools) |
| Notes - (Value) | Data for this pipeline project was last updated in March 2024 |
| Delivery Locations 1: Location - Name - (Value) | Ghana |
| Delivery Locations 1: Location - Country - (Value) | GH |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Data shared by key stakeholders of the project through March 2022 Levoca questionnaire |
| Sources 1: Type - (Value) | Email correspondence |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | INDIGO Impact Bond Dataset, accessed 2 Feb 2024 |
| Sources 2: Type - (Value) | Website |
| Sources 2: URL - (Value) | https://golab.bsg.ox.ac.uk/knowledge-bank/indigo/fund-directory/INDIGO-FUND-0018/ |
| Service Provisions 1: Notes | TBD |
| Outcome Payment Commitments 1: Notes | Foreign, Commonwealth & Development Office funds channeled through Global Partnership for Results-Based Approaches (World Bank Trust Fund) administered by the Government of Ghana |
| Investments 1: Notes | TBD |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Intermediary services 1: Notes | Evaluator - TBD |
| Intermediary services 2: Organisation Role Category - (Value) | Other |
| Intermediary services 2: Notes | Advisor - Education Outcomes Fund |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | (1) increase in number of OOSC placed into formal schools, disaggregated by gender |
| Outcome Metrics 1: Outcome validation Method - (Value) | Experimental, Quasi-experimental, Non-experimental |
| Outcome Metrics 1: Notes | Evaluation methodology varies across payment metrics |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | (2) average learning gains for OOSC, disaggregated by gender |
| Outcome Metrics 2: Outcome validation Method - (Value) | Experimental, Quasi-experimental, Non-experimental |
| Outcome Metrics 2: Notes | Evaluation methodology varies across payment metrics |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | (3) retention rate of previously OOSC in formal schools, disaggregated by gender |
| Outcome Metrics 3: Outcome validation Method - (Value) | Experimental, Quasi-experimental, Non-experimental |
| Outcome Metrics 3: Notes | Evaluation methodology varies across payment metrics |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | (4) average learning gains in numeracy and literacy at P2 and P4 in target schools, disaggregated by gender |
| Outcome Metrics 4: Outcome validation Method - (Value) | Experimental, Quasi-experimental, Non-experimental |
| Outcome Metrics 4: Notes | Evaluation methodology varies across payment metrics |
| Projects 1: Sources | source2 |
| Projects 1: Status | PUBLIC |