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Blending Philanthropy into Climate Action and Innovation (Invite only)

Wednesday, September 18, 2024
Blending Philanthropy into Climate Action and Innovation (Invite only)
2024 Asia Summit
2024 Asia Summit

Blending Philanthropy into Climate Action and Innovation (Invite only)

Wednesday, September 18, 2024
04:00 PM - 05:00 PM
Four Seasons Hotel Singapore - Windows West

Countries in the Asia-Pacific region are at risk of losing 35 percent of GDP by 2050 from the effects of climate change and natural disasters. However, funding of mitigation initiatives remains less than 2 percent of global philanthropic giving annually—and only a small portion of it goes to Asia, despite Asia being pivotal to global climate goals. There is a growing interest in using philanthropy as a spur to find innovative solutions to drive progress on climate change and the destruction of nature. How are philanthropists and philanthropic organizations using this opportunity? Is there a need for a more diverse ecosystem of giving modalities and advisory models to address climate issues? What are the main obstacles preventing philanthropy from achieving its potential as a force for mitigating climate change?