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The Open Society Institute’s Engagement in The Education Pooled Fund in Liberia

The Open Society Institute’s Engagement in The Education Pooled Fund in Liberia. Cross-border private donations and investments in education, Session 3, March 31 2010 Caroline Schmidt, Education Consultant . Points of Departure. Enabling Factors for EPF Development 2007.

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The Open Society Institute’s Engagement in The Education Pooled Fund in Liberia

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  1. The Open Society Institute’s Engagement in The Education Pooled Fund in Liberia Cross-border private donations and investments in education, Session 3, March 31 2010 Caroline Schmidt, Education Consultant

  2. Points of Departure

  3. Enabling Factors for EPF Development2007 • Political will and improvements in governance • Endorsement of national education program • Availability of UNICEF and OSI funds • UNICEF’s leadership to assist the MoE • Engagement of OSI, Ministry of Finance, World Bank, USAID, European Commission, UNESCO

  4. Goals of the Pooled Fund Enable implementation of national education program Develop fast and flexible disbursement mechanism Strengthen Sector Coordination

  5. EPF reflecting the PPPPooling donors …

  6. EPF Profile Launch: May 2008 Pooling Donors: UNICEF and OSI Fund Custodian: UNICEF Program funded: LPERP Total Contributions: US$ 20.2 million UNICEF: US$ 15.2 million OSI: US$ 5 million Total Disbursements: US$ 12.25 million

  7. Core Governance Entities Executive Management Team Development of plans and EPF requests ESDC Executive Board Programmatic endorsement& supervision Advisory Board Funding Approval & Supervision

  8. EPF Mechanism step I-II STEP I MoEExecutive Management Team develops costed plan for implementation of LPERP activities for which EPF funding is requested STEP II ESDC Executive Board reviews plan including analysis, discussion and programmatic endorsement

  9. EPF Mechanism step III-IV STEP III Advisory Board provides No Objection to expenditures and withdrawal request STEP IV Disbursement of approved funds from off-shore trust account in New York into EPF account in Monrovia

  10. EPF funded activities

  11. EPF Accomplishments • Flexible funding of 3 large-scale activities • Strengthened sector coordination • Increased inter-ministerial coordination • Provided arrangements to develop capacity • Contributed to improving national systems

  12. EPF Challenges • Short-comings in terms of government capacity • Not fully used to its potential • Ad-hoc decisions • Lack of attention given to EPF governance • No solution to transition from LPERP to ESP

  13. Open Society Institute (OSI) • Private operating and grant-making organization • Founded (1993) and financed by George Soros • Annual budget upwards of US$500 million Education Support Program • Promoting education justice • Rebuilding education systems

  14. OSI’s approach in Liberia

  15. OSI as new Education Partner • Broader institutional partnership with government • Full recognition from government and donor partners • Engagement in policy development and coordination • Collaborative engagement with civil society

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