Aims to encourage private infrastructure investment in developing countries that contributes to economic growth and poverty reduction.
The Private Infrastructure Development Group (PIDG) is an innovative multi-donor organisation constituted in 2002. The PIDG members are:
- The World Bank
- International Finance Corporation
The objective is to encourage private infrastructure investment in developing countries that contributes to economic growth and poverty reduction. The PIDG has established a range of facilities and investment vehicles which provide varying types of financial, practical and strategic support in order to realise this objective.
The PIDG was one of the organisations assessed by the Multilateral Aid Review (MAR). The MAR was very positive and concluded that the PIDG plays a critical role to UK development objectives.
Eligibility to apply or access support and advice
Donors fund the PIDG directly, which is managed by a Programme Management Unit (PMU) based in Sutton, Croydon.
Donors meet at least twice a year with the various PIDG facilities and the PMU to review progress and discuss and agree future policy and direction. The UK Department for International Development (DFID) is the lead donor.