You can download a PDF User Guide here. This User Guide is intended to give users a quick run-through of the PIDG Results Monitoring Database’s functionality. For more detailed queries, please feel free to contact us using the details on the Contact Us page.
The PIDG Results Monitoring Database Explained
This is intended to provide a quick guide to the key terms found in the PIDG Results Monitoring Database. You can also download the Glossary as a PDF.
For a more complete explanation of the PIDG Results Monitoring System (RMS), please see the PIDG Results Monitoring Handbook.
The PIDG Results Monitoring Database is an online information source that provides the user with quick access to up-to-date predicted and actual development impact data from every PIDG-supported project. It has advanced functions for selecting and aggregating data, performing customised queries, downloading data and creating graphs. The data is updated quarterly, sixty days after quarter-end.
The Private Infrastructure Development Group (PIDG)
The Private Infrastructure Development Group (PIDG) established in 2002 is an innovative infrastructure finance organisation which encourages and mobilises private investment in pioneering infrastrcutre in the frontier markets of sub-Saharan Africa and south and south-east Asia. PIDG's purpose is to combat poverty in the poorest and most fragile countries through pioneering infrastructure to help economies grow and change people's lives.
The PIDG Companies
PIDG operates through three business lines: Upstream Technical Assistance ('technical assistance and project preparation') (DevCo and TAF); Develop - Investor ('project development') (InfraCo Africa Development, InfraCo Africa Investment, InfraCo Asia Development and InfraCo Asia Investment) and Credit Solutions ('project financing and investment') (The Emerging Africa Infrastructure Fund (EAIF) and GuarantCo). In addition, PIDG Companies Green Africa Power (GAP), and Infrastructure Crisis Facility Debt Pool (ICF-DP) were established to address a specific market failure - these are now closed). Together, these are the PIDG Companies ('Facilities').
All the PIDG Companies have been set up to address the market failures that have created constraints to private investment in infrastructure service provision.
Measuring PIDG’s Development Impact
The PIDG RMS is used to capture the predicted and, where possible, actual developmental impact of PIDG-supported projects. The RMS enables PIDG to track projects against four key developmental outcomes at three points in the project cycle when:
- a PIDG Company ('Facility') makes a financial commitment (predicted);
- the project reaches financial close (predicted); and
- the project commences commerical operations (actual).
|Key Development Impact Outcomes
|Total Investment Commitment:
Investment from commercial entities:
- Domestic commercial finance (equity and/or debt);
- Foreign commerical finance (equity and/or debt)
Investment from Development Finance Institutions (DFIs):
- DFI Finance (equity and/or debt)
|Access to Infrastructure:
Number of additional women and men expected to have access to new infrastructure.
Number of additional women and men expected to have access to improved services.
|Fiscal impact to host governments:
||Fees and taxes paid to the government.
Direct short-term jobs created (during construction).
Direct long-term jobsd created (during oepration).
Development Impact Data – Predicted vs Actual
Predicted - Financial Close
The PIDG Results Monitoring Database captures predicted development impact data from PIDG-supported projects at the point of ‘financial close’. All those projects whose ‘Status’ field shows financial close will have predicted development impact data. The definition of ‘financial close’ for each PIDG Company ('Facility') can be found in the PIDG Results Monitoring Handbook.
Actual - Post-Completion Monitoring (PCM)
Development impact data for PIDG-supported projects will always be reported as predicted until the project is fully operational and delivering services on the ground. At this point PIDG undertakes PCM of the project to compare the predicted development impact with the actual results achieved. In the PIDG Results Monitoring Database operational projects with PCM undertaken are identifiable by a ‘Yes’ value in the ‘Post Completion Monitoring Form Completed’ field. The actual values are captured in those fields marked as ‘… - Actual’ rather than replacing the predicted values.
Key Fields Explained
NB: See the PIDG Results Monitoring Handbook to understand how the data is collected, analysed, and how development impact is calculated.
PIDG Regional Breakdown
The regional breakdown used by PIDG is based on the regional breakdown used by the World Bank. Please see http://data.worldbank.org/about/country-and-lending-groups for more information. Please also note that each PIDG Company ('Facility') is only mandated to work in certain countries or regions, as defined in their investment policy (or equivalent). More information on these can be found on the PIDG website - www.pidg.org/resource-library/operating-policies-and-procedures.
PIDG Infrastructure Sector Breakdown
The infrastructure sector breakdown used in the PIDG Results Monitoring Database is based on the OECD DAC5 sector breakdown. Please see http://www.oecd.org/dac/stats/dacandcrscodelists.htm for more information. As with the regional breakdown, each PIDG Company ('Facility') is only mandated to work in certain sectors, as defined in their investment policy (or equivalent). More information on these can be found on the PIDG website - www.pidg.org/resource-library/operating-policies-and-procedures.
In mid-2011, PIDG adopted the methodology used by OECD INCAF (http://www.oecd.org/dac/governance-peace/conflictandfragility) to compile the PIDG ‘List of Fragile and Conflict-Affected States’. This is used to demonstrate PIDG’s focus on fragile states. If a project is in a Fragile State, this will be recorded in the ‘Fragile State Type’ field.
DAC Country Type
PIDG uses the DAC List of ODA Recipients (http://www.oecd.org/dac/stats/daclist.htm) to categorise the income bracket of countries in which PIDG Companies 'Facilities') support projects. This is used to demonstrate PIDG’s focus on poorer states. The DAC Country Type will be recorded in the ‘DAC Type’ field.
Start Year and Close Year
The year recorded in the ‘Start Year’ field is used to indicate when a project starts to be ‘Under Active Development’ by a PIDG Company ('Facility'). Only projects supported by the technical assistance and project preparation and project development Facilities are reported as ‘Under Active Development’. In the case of the project financing and investment Facilities, the year recorded in the ‘Start Year’ field is the year a project reaches financial close.
Subsequently, when any project reaches financial close, the year of financial close is reported as the ‘Close Year’. This is the date from when predicted development impact data for the project is collected.
Although the PIDG Technical Assitance Facility (TAF) is a technical assistance and project preparation facility, it does not undertake any projects in its own right, but supports projects through grants to the other PIDG Companies. TAF-supported projects will not be retrieved by searching the PIDG Results Monitoring Database unless you specifically choose to see TAF projects.
Climate Change Mitigation and Adaption
PIDG has developed a climate change classification methodology in order to report on PIDG’s increasingly ‘green’ portfolio. This reports any mitigation or adaptation activities assigned into three tiers, described further in the above mentioned methodology.
PIDG Companies ('Facilities') support projects through a combination of contributions from PIDG Members as well as from the private sector (in the case of EAIF and GuarantCo). PIDG Company ('Facility') support to projects is defined as ‘PIDG Commitments’.
Total Investment Commitments
PIDG support aims to leverage private sector investment to infrastructure projects in poorer developing countries. This investment, reported as both predicted and actual. is comprised of, and reported in the PIDG Results Monitoring Database as, ‘Private Sector Investment Commitments’ and ‘Development Finance Institution Investment Commitments’.
People with New/Improved Access to Infrastructure
PIDG reports the predicted and actual number of additional people expected to have access to infrastructure as a result of the projects supported by the PIDG Companies 'Facilities'). This is reported in the ‘Additional People with Access to Infrastructure’ field.
PIDG also tracks the predicted and actual numbers of people expected to benefit from improved infrastructure service as a result of the projects supported by the PIDG Companies 'Facilities'). This is reported in the ‘People with Improved Access to Infrastructure’ field.
In the absence of easily quantifiable data, the PIDG RMS relies on widely accepted conversion methodologies to estimate these outcomes. Where no creditable conversion methodology exists, PIDG conservatively assigns a zero (0) value to these indicators.
As PIDG is committed to gender disaggregated reporting, in the absence of project specific information PIDG has developed a gender disaggregation tool to disaggregate access to infrastructure reporting as accurately as possible. The disaggregated access to infrastructure reporting is captured in the ‘… - Female’ and ‘… - Male’ fields.
The value in the ‘Fiscal Impact to Governments’ field represents all transfers to the government made by a client company during the first five years of operation of a PIDG-supported project. At a minimum, this will include payments to the government in the form of corporate income or profit taxes. Additional forms of transfer that are reported include (i) sales taxes, (ii) net VAT, (iii) royalties, (iv) dividends and related taxes, (v) management and/or concession fees, (vi) license fees, (vii) tax on payment of interest, and (viii) other material payments net of any direct subsidies received.
Short Term and Long Term Jobs Created
The number of predicted and actual full-time equivalent (FTE) construction workers employed for the construction of a PIDG-supported project is reported in the ‘Short Term Jobs Created’ field. Part-time jobs for construction are converted to FTE jobs on a pro rata basis, based on local definition (e.g., if working week equals 40 hours, a 24 hr/week job would be equal to 0.6 FTE job). If the information is not available, the rule-of-thumb is two part-time jobs equal a full-time job.
The number of predicted and actual FTE employees as per local definition working for the project company at the end of the reporting period is reported in the ‘Long Term Jobs Created’ field. This includes directly hired individuals and individuals hired through third party agencies as long as those individuals provide on-site services related to the operations of the project company. This also includes FTE seasonal, contractual and part time employees. Part-time jobs are converted to FTE jobs on a pro-rata basis, based on local definition (e.g., if working week equals 40 hours, a 24 hr/week job would be equal to 0.6 FTE job). Seasonal or short-term jobs are pro-rated on the basis of the portion of the year that was worked (e.g., a full-time position for three months would be equal to a 0.25 FTE job). If the information is not available, the rule-of-thumb is two part-time jobs equal a full-time job.