Today PIDG publishes its 2019 Annual Review, to reflect the Group’s progress. We have a mandate to address gaps in the international development architecture to support infrastructure provision that results in high development impact.
In 2019, PIDG committed $479m to infrastructure projects in the energy, water, transport, housing and manufacturing sector, enabling access to life-changing infrastructure for 6.8m people, and creating 700 long-term jobs and 11,000 short-term jobs. 63% of investment commitments were to projects in Fragile and Conflict Affected States and 45% were to projects in Least Developed or other Low-income countries, boosting economic growth and alleviating poverty.
In the report, we have mapped the direct and indirect benefits emerging from our infrastructure investments and their contribution to Sustainable Development Goals, putting the spotlight on three key areas:
- Our approach to consider climate change in PIDG investment decisions and PIDG commitment to climate action.
- Our work to safeguard and empower women and girls as part of PIDG Gender Equity Action Plan.
- Our commitment to Health Safety Environmental and Social Standards (HSES) which is at the heart of what we do.