为什么基础设施基金中的女性对投资者很重要

WomeninInfrastructure Funds:AnOpportunity HidinginPlain Sight Discussion paper for investorsseeking long-term impact and Disclaimer © International Finance Corporation 2026. Some rights reserved.2121 Pennsylvania Avenue, N.W. WomeninInfrastructure Funds:AnOpportunity HidinginPlain Sight Acknowledgements this report. From the World Bank Group: Amanda Diaz,Operations Officer, Sustainable Infrastructure Advisory;Baris Gen, Principal Investment Officer, Private Equityand Infrastructure Funds; Heather Mae Kipnis, PrincipalOperations Officer, Equity Funds and Venture Capital; This discussion paper, Women in Infrastructure Funds: AnOpportunity Hiding in Plain Sight was jointly developed The publication was produced under the overall guidanceof Nicolas Peltier, Director, Department of Strategy andOperations, World Bank Group (WBG) and HenrietteKolb, Manager, Sustainable Infrastructure Advisory, WBG In addition, IFC and OW express their gratitude to the manyexperts worldwide who generously shared their time,knowledge, and experience. The willingness to provide data, Carol Marina Tojeiro, IFC Operations Officer, and MaryDominic, IFC Operations Officer, led the core developmentof the paper under the close guidance of Adriana MariaEftimie, IFC Senior Operations Officer, and in partnership Ann Moline provided editorial assistance, and KristinaJust prepared the graphics design, with the support of We extend our sincere thanks to our technical committee,whose insights and contributions were essential to shaping Executive Summary Are women at the table when private equity and debtfunders decide which infrastructure investments to finance?Can funds influence the degree to which their portfolio While existing research has examined women’s participationin venture capital (VC), private equity (PE), and privatemarkets, none focus exclusively on infrastructure funds. This Emerging markets face a $1.5 trillion annual infrastructuregap (≈ 4.5% of GDP) Without modern infrastructure, private investment,productivity, and job creation stall Infrastructure deficits disproportionately constrain women’seconomic participation, unsafe transport,unreliable energy andwater access limit women’s ability to work and grow businesses. For operations and processes to gauge the degree of women’s Using a new dataset covering 44 emerging marketinfrastructure equity and debt funds, alongside expert Fund-levelparticipation Methodology: Key findings FUND COMPOSITION Women are underrepresented in emerging marketinfrastructure investment funds. But few emerging market infrastructure funds have embeddedwomen-focused objectives in their investment strategy - though agrowing number are beginning to take action. INVESTMENT SCREENINGAND EVALUATION POST-INVESTMENTENGAGEMENT & MONITORING Representationconsiderations remainlargely absent from due Where progress isemerging, it tends tobe concentrated at theportfolio company level; Women’sparticipation mustbe embeddedacross the fullPost-investmentengagement iswhere DFIs andother investorsDebt fundmanagers havestructurallyless influence A structural constraint — also documented among DFIsand MDBs — limits the reach of screening tools:key designdecisions affecting women are often fixed before a project Table of Contents Figures, boxes and examples Figure 1Methodology used for this report11Figure 2A framework to assess women’s representation across multiple dimensions of theinfrastructure investment lifecycle14Figure 3Emerging market infrastructure funds with practices and strategies to increasewomen’s representation16 to increase women’s participation in private markets investing18Example 2IFC’s Gender Flag - Purpose-built tracking enables progress measurement21Example 3Abidjan Urban Mobility Project: Prioritizing user-friendly design in bus rapid transit24Example 4Meridiam—Embedding women’s representation through top-down and bottom-up efforts25Example 5Actis—Supporting balanced workforces and leadership in portfolio companies29Example 6Bogotá’s women in the e-bus driver’s seat30 Acronyms A&RAdaptation and Resilience Introduction Infrastructure is critical to economic growth, job creation,and sustainable development, particularly in emergingmarkets, where inadequate transport, energy, water, and Women remain underrepresented in investmentfunds, which impacts the extent to which femaleperspectives and networks shape investment Women’s participation in emerging markets private For private investors, this represents an opportunity.Given the limited fiscal space, many policymakers inemerging markets are looking to mobilize private capital 30%of investment professionals 12%of partners Women’s representation in emerging market private Why focus on women’s needs and perspectives? Increasing women’s representation in infrastructureinvestment offers a powerful opportunity to create servicesthat benefit everyone. Women often navigate uniquemobility, time, safety, and access cons