Impact Monitoring Database

Help

User Guide

This User Guide is intended to give users a quick run-through of the PIDG Impact Monitoring Database’s functionality. For more detailed queries, please feel free to contact us using the details on the Contact Us page.

The PIDG Impact Monitoring Database Explained

This is intended to provide a quick guide to the key terms found in the PIDG Impact Monitoring Database. For a more complete explanation of the PIDG Impact Management System, please see our latest disclosure against the Operating Principles for Impact Management.

Introduction

The Impact Monitoring Database (IMD) provides the user with quick access to up-to-date impact data from every PIDG-supported project. It has functions for selecting and aggregating data, performing customised queries, downloading data, and creating graphs. The data is updated on an annual basis.

For further information on the Private Infrastructure Development Group (PIDG) and our Companies, please visit here.

Measuring PIDG's Sustainable Development Impact

The PIDG IMD is used to capture the predicted impact of PIDG-supported projects. The IMD enables PIDG to track projects against four key 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 commercial operations (actual).

Key Development Impact Outcomes	Main Features
Total Investment Commitment:	Investment from commercial entities: Domestic commercial finance (equity and/or debt); Foreign commercial 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.
Employment effects:	Direct short-term jobs created (during construction). Direct long-term jobs created (during operation).

Predicted - Financial Close

The PIDG Impact Monitoring Database captures predicted impact data from PIDG-supported projects at the point of ‘financial close’. All those projects whose ‘Status’ field shows financial close will have predicted impact data.

Actual - Completion of Monitoring (PCM)

Impact data for PIDG-supported projects is 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 impact with the actual results achieved.

Key Fields Explained

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 - https://www.pidg.org/about-us/key-documents#operating-policies-and-procedures.

PIDG Infrastructure Sector Breakdown

The infrastructure sector breakdown used in the PIDG Impact 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 - https://www.pidg.org/about-us/key-documents#operating-policies-and-procedures.

Fragile States

In mid-2011, PIDG adopted the methodology used by OECD INCAF (https://www.oecd.org/en/topics/governance-and-peace-for-development.html) 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 (https://www.oecd.org/en/topics/sub-issues/oda-eligibility-and-conditions/dac-list-of-oda-recipients.html) 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.

Signing and Financial Close Year

The year recorded in the ‘Signing 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 ‘Signing year’ field is the same as the year a project reaches financial close.

Subsequently, when any project reaches financial close, PIDG will report the ‘Financial Close Year’. This is the date predicted impact data for the project starts to be collected.

Mobilising Investment

PIDG Commitments

PIDG Companies ('Facilities') support projects through a combination of contributions from PIDG Owners 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 is comprised of, and reported in the PIDG Impact Monitoring Database as, ‘Private Sector Investment Commitments’ and ‘Development Finance Institution Investment Commitments’.

Impact on People

People with New/Improved Access to Infrastructure

PIDG reports the predicted number of additional people expected to have access to infrastructure because of the projects supported by the PIDG Companies 'Facilities'). This is reported in the ‘People with Access to New Infrastructure’ field.

PIDG also tracks the predicted numbers of people expected to benefit from improved infrastructure service because of the projects supported by the PIDG Companies 'Facilities'). This is reported in the ‘People with Access to Improved Infrastructure’ field.

In the absence of easily quantifiable data, the PIDG IMD 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.

Short Term and Long-Term Jobs Created

The number of predicted 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 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 if 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 based on 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.

Wider Economy

Fiscal Impact

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.