For solutions to be scaled up and sustainable, they must be accompanied by the right policies and impact investments, said panellists at the Philanthropic Asia Summit 2024 on April 15.
Philanthropic capital works best when it can influence and spur the development of public policies and lead to an increase in responsible and economic growth, said panellist Borge Brende, president of the World Economic Forum.
"Philanthropy can have a huge impact on how countries implement the right policies for them to double down on investments in education, in health, and also taking care of their nature," he said.
The discussion, moderated by The Straits Times editor Jaime Ho, explored the role of philanthropy in tackling healthcare disparities and a lack of access to quality education.
During the conversation, the five panellists also agreed that philanthropy has to go hand-in-hand with impact investments, which are aimed at generating a positive social and environmental impact alongside a financial return.
Diese Geschichte stammt aus der April 16, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der April 16, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
EVEREST CLIMBS TO GROUP 1 HEIGHTS
World’s richest sprint race gains recognition at its eighth running, as well as All-Star Mile
Heat stress Different work conditions require flexible guidelines on workers' attire
We thank Mr Rahul Gupta for his suggestions (Study standard heat-friendly work clothes for outdoor workers, Oct 8).
Airbus deliveries drop as suppliers struggle
PARIS Airbus deliveries fell 9 per cent in September to 50 jets compared with the same month in 2023, the European planemaker said on Oct 9, rekindling a debate over the strength of its industrial goals as suppliers struggle to keep up with demand.
Mental health ambassadors at all PAP branches by 2025
By 2025, all 93 People's Action Party (PAP) branches will have mental health ambassadors to promote mental well-being in every neighbourhood and support the work of MPs in addressing residents' mental health concerns.
Zelensky says there is 'real chance' to end war in 2025
He did not reveal how this could happen but is counting on support from key allies
Prabowo defends plan to expand government with ‘fat' Cabinet
JAKARTA Indonesia's Presidentelect Prabowo Subianto has defended his plan to expand government agencies, saying it is needed for a strong administration even if critics call it a \"fat\" Cabinet that will bloat the bureaucracy.
Baby in Malaysia has stage three ovarian cancer
Rhea Yasmine
Death penalty of Najib's ex-bodyguard commuted
Federal court reduces his sentence to 40 years' jail and 12 strokes of the cane KUALA LUMPUR - Malaysia has commuted the death sentence of an ex-police guard of former premier Najib Razak, after the country changed its law on capital punishment.
Patriarch of India's Tata Group dies at 86
Former chairman Ratan Tata’s business moves helped put country on world stage
NewJeans' Hanni to testify about workplace bullying at inquiry
K-pop idol Hanni of girl group NewJeans is taking a stand. She has announced her intention to testify before the South Korean National Assembly's Environment and Labour Committee as part of a workplace harassment inquiry slated for Oct 25.