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Appendix 8
RF Level/ Indicator
Justification/ Relevance
Definition and Availability of Baseline Data
Percentage of infrastructure projects climate-proofed
In line with the Strategy 2020 focused on climate change
Proportion (%) of projects that are climate proofed to the total number of projects. Climate proofing is a shorthand term for identifying risks to a development project, or any other specified natural or human asset, as a consequence of climate variability and change, and ensuring that those risks are reduced to acceptable levels through long-lasting and environmentally sound, economically viable, and socially acceptable changes implemented at one or more of the following stages in the project cycle: planning, design, construction, operation, and decommissioning
Satisfactory financial audit compliance of active projects
An indicator of whether the projects’ financial audit requirements are complied with satisfactorily
Assessment of compliance of financial audit requirement rated satisfactory or better as a percentage of the number of assessments of financial audit compliance done within a particular period
Satisfactory safeguards compliance of active projects
An indicator of whether the projects’ safeguards requirement are carried out satisfactorily or as planned
Assessment of compliance of safeguards requirement rated satisfactory or better as a percentage of the number of assessments of safeguards requirement compliance done within a particular period
Successful operations by % of total expenditures incurred
Additional indicator of the quality of completed operations that provides a measure of efficiency of successful operations
Projects with successful or better ratings based on PCR, PCR validation reports and PPERs as a percentage of total expenditures of these projects
Successful program loans and MFF tranches (%)
An indicator of the quality of completed operations particularly of program loans under the MFF modality
Program loans and MFF tranches rated successful or better by PCR, PCR validation reports and PPERs as a percentage of