BIO Development Goals
BIO uses its ex-ante development assessment tool to structure and
document the development rationale of any given investment. This is done
by judging how the investment will score on the BIO Development Goals
(BDGs).
Every potential investment is assessed on each development goal as being primary, secondary, or not relevant. The tool also evaluates BIO's financial and non-financial additionality to the project, with a similar scoring methodology.
BIO Development goals
Local Economic Growth: contributes to job creation, SME growth and import/ export-effects
Private Sector Consolidation/ Innovation: brings know-how or new technologies; consolidates or structures the local market by creating upstream or downstream linkages between companies; contributes to the creation of new types of institutions or the availability of new or improved products
Financial Inclusion: provides financial, credit, savings, payment; transfer and insurance services to financially excluded segments of the population, including micro-entrepreneurs
Food Security & Rural Development: improves economic opportunities for smallholders, creates formal employment in rural areas and contributes to the availability of food in local markets
Access to Basic Services & Goods: provides basic services and goods for the population. These include energy, housing, water, health, education and communications, but not food and financial services
Fight Against Climate Change & Preservation of Natural Resources: improves energy efficiency and creates a supply of and access to
renewable energy; preserves natural resources, in particular forests and water
Promotion of ESG Best Practices: provides
opportunities to improve standards; or - if the investees already dispose
of excellent practices - to showcase them to peers
Gender: empowers and creates business opportunities for women
Additionality
Financial: refers to additionality to the local market, through, e.g., tenor availability, type of collateral, gap financing, or stamp of approval
Non-Financial: refers to services beyond financial ones, such as improving ESG-practices, previously defined needs, or the provision of technical assistance