COFER Innovative Financing in Education and Development: Case Studies and Multi-Media Material for ELearning
About the project
The COFER project focuses on a topic that is severely under-examined in development studies yet has been elevated to a key feature of the SOG 2030 agenda: private sector involvement in development.
The new innovative financing modalities, which often explore avenues to raise financing from private sources or at minimum use market-based approaches, have the potential to become a significant source of financing for development, They are supposed to help close the funding gap that yawns from relying exclusively on public funds, that is, funds garnered either from governments in low and middle income countries or from bilateral and multilateral donors. These traditional forms of financing are supposed to be complemented by a wide array of innovative financing mechanisms and sources, including results-based financing, philanthropic giving, social corporate responsibility programs, remittances, diaspora bonds, social impact bonds, just to name a few.