Private Infrastructure Development Group: Fossil Fuels

(asked on 2nd March 2020) - View Source

Question to the Department for International Development:

To ask the Secretary of State for International Development, pursuant to the Answer of 7 February to Question 14010 on Private Infrastructure Development Group (PIDG): Fossil Fuels, how many Environmental and Social Impact Assessments were conducted by PIDG in each of the past 10 years; and how many projects were not approved on environmental grounds.


Answered by
James Duddridge Portrait
James Duddridge
This question was answered on 9th March 2020

Private Investment Development Group (PIDG) complies with international best practice standards and PIDG companies complete an Environmental, Social and Health Impact Assessment for each project in which they invest, before approving any such investment.

Each investment must comply with PIDG’s Environment, Social, Health and Safety standards, which are based on the internationally recognised International Finance Corporation Environment and Social Performance Standards. DFID monitors compliance with these policies as part of its ongoing role as a PIDG Owner.

PIDG does not hold data on projects specifically rejected on the grounds of environmental concerns.

The Private Infrastructure Development Group (PIDG) prioritises investments in renewables wherever possible. PIDG does not have any active fossil fuel extraction projects, and PIDG’s strategy rules out any investments in coal.

Data on all PIDG investment commitments are available online via its Results Monitoring Database and its annual reports (https://www.pidg.org/). DFID also publishes data relating to its funding to PIDG via DevTracker.

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