Fresh campaigns have kicked off to address Asia’s health, environment and education issues.
Philanthropic organisations recently rolled out new projects to combat Asia’s health, climate and education crises.
Co-Axis, a digital impact marketplace connecting funders with impact opportunities advancing the United Nations’ Sustainable Development Goals (UN SDGs), said in a statement it has secured S$1.25 million in catalytic capital to support and scale solutions in climate, health and their intersection.
The pledged funds include S$1 million from Temasek Trust’s catalytic vehicle Catalytic Capital for Climate and Health, and S$250,000 from the United Kingdom-based family office Richardson Family.
“The global push to achieve the SDGs by 2030 faces a significant financing shortfall, with estimates indicating an annual gap of approximately US$4.2 trillion. This deficit is particularly pronounced in developing regions, where public funding for international development has stagnated over the past decade,” Co-Axis, a joint operation between the Temasek Trust (TT), DBS Foundation and UBS Optimus Foundation, said in a statement issued in May.
“Catalytic capital – patient, risk-tolerant, and flexibl...
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