IDB Invest, in collaboration with the consulting firm Dalberg and with the support of We-Fi, has published the guide “Promoting gender equality through performance-based financial incentives: An analysis of IDB Invest’s experience”, which aims to serve as a practical resource for Multilateral Development Banks (MDB) and development financial institutions interested in applying this blended finance tool to promote positive development outcomes.

The document describes why and how performance-based incentives (PBIs) contribute to closing the gender gap. Additionally, it presents 12 key recommendations, at different stages of the investment process, to integrate PBIs into MDBs and financial institutions portfolios. Finally, it details the case studies of the textile company Grupo Elcatex in Honduras and the developer and operator of renewable energy projects Atlas Renewable Energy in Brazil.