Download logoThe African Development Bank (www.AfDB.org) and Japans Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and governance investments in the global capital markets. The collaboration between the Bank and GPIF will focus on channeling investments towards inclusive and sustainable growth in Africa, contributing to the achievement of the Sustainable Development Goals.The agreement was signed 30th September 2019.Through this partnership, the Banks green and social bonds will provide unique investment opportunities to GPIFs asset managers to finance climate mitigation and adaptation projects in Africa, as well as projects leading to poverty reduction, job creation, and inclusive growth across age, gender and geography, improving the quality of life of Africans.I am delighted that the worlds largest pension fund for the promotion of sustainable investment, is partnering with the African Development Bank.This landmark strategic partnership will help tocatalyze investment capital, create more sustainable investments and support the African Development Bank to achieve its High 5 priorities to fast-track Africas development, said African Development Bank President Akinwumi Adesina.The Bank has established a green bond framework and a social bond framework, with the goal of supporting commitments towards climate finance and socio-economic development. These frameworks showcase the African Development Banks concrete actions on the continent, and are aligned to the International Capital Market Associations green and social bond principles.Further advancing the sustainable and inclusive development of Africa will lead to the sustainability of the whole world. GPIF is delighted to collaborate with the African Development Bank on this partnership and support their needs and journey going forward, GPIFs Executive MD and CIO, said.Describing GPIF as an exceptional investor, whose commitment to developing the SRI market is truly aligned with the Banks mission, Hassatou Diop NSele, Bank Treasurer also signaled her satisfaction with the agreement.Changing peoples lives is at the core of the Banks work and with GPIF we will be investing in Africas future, she said.The Banks ten-year strategy for 2013-2022 targets the promotion of inclusive growth in Africa and the support of regional countries transition to green growth. Through its operational priorities - the High 5sthe Bank offers a compelling opportunity to accelerate the continents transformation.GPIF is Japan's largest public fund investor and the largest pool of retirement savings in the world.Distributed by APO Group on behalf of African Development Bank Group (AfDB).Media Contact:Lionel StanbrookCommunication and External Relations DepartmentEmail: email@example.comTechnical contact:African Development Bank funding teamEmail: firstname.lastname@example.orgAbout the African Development Bank Group:The African Development Bank Group (www.AfDB.org) is Africas premier development finance institution. It comprises three distinct entities: the African Development Bank, the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 31 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: j.mp/AfDB_Media Click here to read full news..