On 31 January Cedefop held a seminar, Individual Learning Accounts, an incentive for financing continuing vocational education and training, which presented the results of research on financing CVET through such accounts.
Topics included how public policies and employment services develop ILAs and link them to career management and training, how social partners can co-finance ILAs, and what the successes and failures of trial ILA schemes show.
The seminar concluded that the evidence so far shows a positive correlation between ILAs and increased participation in education and training. ILAs and related funding schemes also have a positive impact on motivation. Results from pilot projects from 11 countries show that targeting ILAs to specific groups is effective, provided that quality assurance and guidance issues are addressed properly.
For further information on the seminar and on ILAs, please see the contact details in the below link to the Announcement