Gender equality has long been central to the World Bank’s twin goals of ending extreme poverty and boosting shared prosperity in a sustainable manner. The World Bank’s Gender Strategy 20162023 advocates for closing gender gaps in four domains: (i) human endowments; (ii) jobs; (iii) asset ownership and control; and (iv) voice and agency.1 The “Gender Tag” was introduced in 2017 to identify those projects that include a clear analysis of how to close gender gaps as well as specific monitoring actions to achieve this. The share of “gender tagged” operations has been steadily increasing, from 50 percent in FY17 to 81 percent in FY21, which has exceeded the Bank’s IDA and capital increase targets.