The Private Infrastructure Development Group (PIDG) has announced that it mobilised $2.9 billion in private capital for infrastructure projects across emerging markets in 2025, reinforcing the growing role of blended finance in driving development in underserved economies.
According to PIDG’s 2025 Sustainability and Impact Report released ahead of London Climate Action Week, the organisation committed $1 billion to 33 infrastructure projects during the year. The projects attracted total investments of $4.1 billion and are expected to provide about eight million people with new or improved infrastructure services.
Climate Action and Gender Inclusion
The report highlights PIDG’s continued focus on climate action, with investments spanning renewable energy, electric mobility, sustainable aviation fuel and climate-smart infrastructure. It also noted that 85 per cent of the organisation’s investments in 2025 achieved gender-related targets, underscoring its commitment to inclusive infrastructure development.
25 Years of Impact
Celebrating its 25th anniversary, PIDG said it has supported 286 projects since its inception in 2002, with three-quarters of them located in least-developed countries, low-income economies and fragile or conflict-affected states. Over the period, the organisation has mobilised $32.7 billion in private capital and facilitated total infrastructure investments worth $51.4 billion.
Notable Projects in 2025
Among the projects supported in 2025 were Pakistan’s first sustainable aviation fuel plant, a programme to expand affordable electricity connections for low-income households in Côte d’Ivoire, Laos’ first nationwide electric vehicle charging network and ride-hailing ecosystem, and a sanitation project in Kenya that converts human waste into clean fuel.
PIDG also strengthened partnerships aimed at mobilising investment into developing economies. These include collaborations with the University of Oxford on climate-resilient infrastructure assessment, the Urban Resilience Fund focused on African cities, and the African Development Bank to unlock more than $2 trillion in domestic African capital through credit enhancement and risk-mitigation solutions.
Gender-Focused Investing
In gender-focused investing, PIDG recorded a 56 per cent increase in investments meeting gender targets compared to the previous year. The organisation also launched its first Gender Lens Investing Policy to integrate gender considerations throughout the investment cycle. One example cited was a $16 million guarantee provided to Cambodian housing finance institution First Finance, which is expected to support 1,300 home loans benefiting about 6,500 people, 90 per cent of whom are women.
CEO Remarks
Commenting on the results, PIDG Chief Executive Officer, Philippe Valahu, said the organisation had demonstrated over the past 25 years that private capital could be successfully mobilised in some of the world’s most challenging markets through blended finance and risk-mitigation instruments.
“Our 2025 results show that in addition to delivering power, transportation, social infrastructure and connectivity, infrastructure investment can drive climate action, expand opportunities for women and girls, and create lasting economic growth,” he said.
PIDG said it would continue to support sustainable infrastructure projects across Africa and Asia, helping attract private investment while advancing the global transition to low-carbon and climate-resilient economies.
