PIDG works to get infrastructure finance moving and multiplying – accelerating climate action and sustainable development where it is most urgently needed. For communities, new infrastructure means opportunities to improve life. PIDG works with public and private partners to bridge financing gaps, directing capital and expertise into projects that promote climate resilience and sustainable growth. Working throughout the project lifecycle, they reduce financial risk, transform markets and build local capacity.
The infrastructure they develop and finance will enable job creation (direct and mostly indirect) and higher living standards, unlocking opportunities for young and fast-growing populations, and helping to shape inclusive economies that reduce poverty.
It will also help to forge sustainable development pathways that are compatible with climate and nature imperatives, improving resilience to climate shocks for some of the most vulnerable populations, while protecting and restoring nature.
Since its founding in 2002, PIDG has deployed $1.9 billion in official development assistance, which has been deployed and recycled into $5.2 billion in investment commitments. These have led to $40 billion in investment in PIDG projects, with almost half of that amount coming from the private sector. 211 of their projects have reached financial close. In total, approximately 223 million people in 40 countries have or are expected to gain access to new or improved infrastructure as a result of their work.