To support the expansion of its financial instruments, KfW commissioned a study on results-based financing (RBF) policies and practices of bi- and multilateral development partners. The study examined institutional contexts, design features, appraisal mechanisms, and lessons learnt from existing RBF approaches, where payments are contingent upon verified results rather than inputs or activities.
Our work included analysing donor experiences and guidelines, mapping funders of RBF projects, and compiling findings into a report. The study provided KfW with a structured overview of existing approaches and operational practices to inform future application of results-based financing.
You can read the study here.