#9 PIDG 2021 Annual Review: Empowering women
As we reflect on 2021, we see that despite the pandemic-induced challenges of the last two years, amazing developments have been made in providing infrastructure to those who need it most. In this current global climate, PIDG’s mission is more relevant today than when it was first established. And with 19 projects closed last year, and a continued commitment to the SDGs, progress is not slowing down.
In this episode we highlight one aspect of this work – the advancement of gender equality – and how a commitment to SDG5 can improve lives. As part of PIDG’s gender equity plan, we’ve been working with K-Electric, the sole provider of electrical energy in Karachi, Pakistan, helping to launch the Roshni Baji female empowerment project. Hear from the people involved in the project, including a woman who’s become one of Pakistan’s first certified female electricians.
To find out more about PIDG’s 2021 Annual Review, click here.
A year on from our last International Women’s Day conversation about gender lens investing, much has been done to advance the agenda. PIDG’s own efforts have evolved, leading to the creation of the PIDG Gender Equity Diversity and Inclusion initiative, GEDI.
Many know about the climate crisis, but what’s often less covered is the biodiversity crisis. However, the two crises are intimately linked, and it’s critical that both are considered in our approach to investing in infrastructure. With the biodiversity conference COP15 underway we’re finding out how and why we need to take action to halt and reverse nature loss.
With the COP27 climate conference in Egypt now at a close, the PIDG team has been reflecting on the outcomes. With the focus firmly on climate adaptation and resilience, rather than emissions reductions, we ask - are our climate goals ambitious enough? Many of the countries in which PIDG operates are the most vulnerable to climate change, and that’s why it's working hard across its portfolio to invest in sustainable infrastructure.
Many ‘first of its kind’ projects can’t get off the ground, despite their potential to create real impact. Particularly in low and middle income settings, infrastructure projects facing unusually high development costs may not be deemed financially viable. And that’s where PIDG Technical Assistance comes in, to bridge the financing gap and meet a range of needs associated with the infrastructure project development cycle.