
London, United Kingdom: The Private Infrastructure Development Group (PIDG) today announced that is has joined the 2X Challenge. The announcement came during a workshop on ‘Investing at the Gender-Climate Nexus,’ co-convened by PIDG, 2X Global, and Heading for Change during London Climate Action Week. The event brought together professionals from across the industry to discuss practical strategies for impact-driven solutions.
Speaking after the event, PIDG Chief Sustainable Impact Officer, Marco Serena, said, “Gender lens investing in infrastructure has been a strong PIDG priority in the past years. We are proud to join the 2X Challenge and to contribute to a globally recognised initiative that is raising the bar for gender lens investing. We look forward to working alongside partners to further scale the application of the 2X Criteria in the infrastructure sector. Together, we can accelerate progress towards more equitable growth in the markets that need it most.”
CEO of 2X Global, Jessica Espinoza shared: “We are thrilled to welcome PIDG to the 2024–2027 2X Challenge. This feels very much like a natural next step for PIDG who has been an active and engaged member of our 2X Global community for some years now. We are thrilled they have joined the participating investors committed to the 2X Challenge and will be bringing their distinct perspective and experience as an infrastructure investor.
Infrastructure investment plays a vital role in expanding economic opportunity and driving inclusive growth. By bringing the gender lens of the 2X Challenge to these investments, we can help ensure that women are not only considered in development outcomes but can fully participate in and benefit from sustainable development.”
Launched at the G7 Summit in 2018, the 2X Challenge is a collective commitment by investors to invest in the world’s women. To date, it has mobilised more than USD 34 billion in gender lens investments. By joining the 2X Challenge, PIDG commits to tracking the volume of its projects formally qualified as contributing to gender equality outcomes, using the 2X Criteria – the global standard for gender finance.
PIDG’s first gender disclosures can be found in its Sustainability and Impact Report 2025
Learn more about PIDG’s approach to gender lens investing in the following deep-dive articles:
Mind the gap! The economic imperative of gender lens investing, Margherita Calderone, Gender Lens Investment Lead
PIDG Joins the 2X Challenge for Inclusive Infrastructure Investing, Celia Carbajosa, Senior Impact Advisor