How Philanthropy in Asia is Evolving
Picture: Troup Dresser via Flickr
In an article by Mongabay, Matthew Boyer analyzes the trends and trajectory of Asian philanthropic landscape.
“In recent years, one of the most significant shifts has been the growing emphasis on environmental causes, particularly ocean conservation and climate change,” she later told Mongabay. “This is driven in part by heightened awareness of the impacts on vulnerable communities and the region’s dependence on coastal resources. Additionally, many local communities rely on a sustainable blue economy for their livelihoods. There are also increased efforts around multistakeholder partnerships, new developments in innovative financing mechanisms, and growing interest in regional and global funder collaborations to meet these urgent needs.”
Mikkel Larsen, the former CEO of Climate Impact X (CIX), a Singapore-based global exchange and marketplace for carbon credits, also expressed a similar sentiment about trends in green investment. “Private wealth investors, especially family offices, is where I have noticed the strongest interest in investments with social or environmental benefits. The younger generation, in particular, is more focused on climate change and biodiversity, viewing them not only as philanthropic causes but also as long-term investment opportunities,” he told Mongabay.
