Over $1b pledged to accelerate sustainability and social solutions in Asia
November 14, 2024
The Philanthropy Asia Alliance (PAA), launched by Temasek Trust, has secured over S$1 billion (US$777 million) in pledges to support social and environmental solutions in Asia. With over 80 global members, including major foundations, PAA focuses on climate, education, and health projects. It uses platforms like Co-Axis to connect funders with impact initiatives and offers programs to mentor startups and build philanthropic capacity. The alliance aims to accelerate sustainable solutions across Asia through collaboration and patient investment.
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