PIDG Supercharges Asia Focus
The Private Infrastructure Development Group has doubled down on its commitment to building sustainable, inclusive economies in South and Southeast Asia. Its 2024 Sustainability and Impact Report reveals that the group has mobilised over $6 billion in the region since 2002.
The Private Infrastructure Development Group's (PIDG) impact in 2024 alone is striking: according to a new report, eight infrastructure projects across Asia reached financial close, unlocking $389.2 million in private investment. Since its inception, the organisation has supported 258 infrastructure projects globally, more than half in the world’s least developed countries.
But it’s not just about numbers. PIDG’s investments are climate-resilient, gender-smart, and nature-positive. In 2024, 64 percent of its investment commitments qualified as climate finance, while 72 percent actively contributed to gender equality outcomes, an indicator of the group’s integrated sustainability strategy.
Local Change, Global Ambitions
From Vietnam to India, PIDG’s projects have real-world effects. In Vietnam, its backing of AquaOne led to the country's first verified green project bond in the water sector, improving water quality for over 53,000 people.
Meanwhile, in India, support for Arya Agri has helped 1,200 farmers, 86 percent of whom gained access to formal financial services for the first time, boost incomes, and promote sustainable agriculture.
These successes reflect PIDG’s use of blended finance to unlock private capital by absorbing early-stage risk. A recent report by Convergence recognised PIDG as the leader in climate blended finance commitments for 2023–2024.
A Strategy to Scale Across Asia
Looking ahead, PIDG is scaling fast. Its 2023–2030 strategy aims to galvanise $25 billion in additional global financing, with Asia as a key region of focus. Recent expansions include a broadened mandate for the Emerging Africa & Asia Infrastructure Fund (EAAIF), new ventures into sustainable aviation fuel and aquaculture, and deeper regional engagement.
The fund’s credit enhancement tools and local currency guarantees are helping to unlock domestic capital markets, empowering countries to finance infrastructure on their own terms.
Delivering Returns
«The time for active collaboration is now,» said PIDG CEO Philippe Valahu. «Asset managers, insurers, and banks hold deep pools of capital. They are uniquely positioned to drive the climate transition while delivering returns.»
Valahu emphasised that sustainable finance is not a sacrifice but an opportunity for win-win partnerships that benefit investors and communities alike. PIDG’s model, he says, proves that infrastructure finance can be both impactful and profitable.
Urgency in a Vulnerable Region
At Ecosperity Week 2025 in Singapore, PIDG convened global leaders to spotlight the infrastructure challenges facing emerging Asia. The region is both a source of 75 percent of global emissions and one of the most climate-vulnerable areas on the planet.
Without immediate, coordinated investment in risk-resilient infrastructure, institutional investors worldwide may face unstable returns and growing exposure to climate-related threats.
The Private Infrastructure Development Group is a multi-donor impact investor that finances sustainable infrastructure in sub-Saharan Africa and South and Southeast Asia. Backed by governments including the UK, the Netherlands, Switzerland, and Canada, PIDG operates through arms like InfraCo, GuarantCo, and EAAIF, deploying capital where it is needed most to meet the Sustainable Development Goals.
