This IDB Invest report aims to assess the impacts of Performance-Based Incentives (PBIs) within IDB Invest’s Blended Finance portfolio, with a focus on gender-related PBIs. Through a qualitative assessment of their portfolio, seven case studies featuring IDB Invest clients were carried out. The objective was to gain insights into the impact of IDB Invest’s PBI and gender-smart Technical Assistance (TA) program on gender equality outcomes. The case studies aim to explore internal and external changes resulting from PBI implementation, understand the design and implementation of the gender incentive and technical assistance, and identify both success drivers and constraints affecting PBI implementation.