Our projects and investments support sub-Saharan Africa’s transition to net-zero emissions whilst preserving its natural capital. We finance and develop inclusive climate-smart infrastructure that reduces or avoids greenhouse gases, minimises waste, uses water and energy efficiently, and promotes a circular economy.
We work alongside our partners to design-in climate resilience and maximise the potential of emerging green technologies. This approach not only protects the value of our infrastructure assets but also minimises their environmental footprint and operating costs, ensuring that they remain affordable for future generations. We also champion the delivery of infrastructure which supports those most vulnerable to the effects of climate change and enables them to adapt and leverage new opportunities.
The PIDG Climate Strategy illustrates the key strategic priorities of PIDG’s climate action. This is a critical time for tackling climate change with increased public demand for action around the United Nations Climate Change Conference process and as the global community deals with the continued repercussions of the COVID-19 pandemic.
Climate change mitigation and resilience is embedded throughout the operations and investments of all the companies in the PIDG. This first disclosure report outlines our approach and our initial results. It is structured around the four pillars outlined in the Taskforce on Climate Related Financial Disclosures – namely Governance, Strategy, Risk and Metrics.
Building on our first disclosure report published in June 2021, this report outlines our progress over the past year to embed climate change mitigation and resilience throughout the operations and investments of all the companies in the PIDG group: InfraCo Africa, InfraCo Asia, the Emerging Africa Infrastructure Fund, GuarantCo and PIDG Ltd.