WASHINGTON – U.S. International Development Finance Corporation (DFC) welcomes the launch of the Partnership for Global Infrastructure and Investment (PGII) at the G7 Leaders’ Summit in Schloss Elmau. G7 Leaders formally launched PGII to mobilize hundreds of billions of dollars and deliver quality, sustainable infrastructure that makes a difference in people’s lives around the world. DFC’s tools support PGII’s goals of strengthening and diversifying supply chains, creating new opportunities for American workers and businesses, and advancing our national security.
DFC is advancing PGII by providing financing and other support for values-driven, high-standard, and transparent infrastructure projects in less-developed countries. Alongside our partner G7 development finance institutions, DFC helps narrow the infrastructure gap in the developing world by mobilizing additional private sector investments to advance development and security.
President Biden announced new flagship projects and laid out the Administration's whole of government effort to carry out PGII. Read the White House Fact Sheet announcing U.S. government contributions to PGII to learn more about DFC projects supporting the initiative.
U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.