Philanthropy Asia Alliance mobilised $615 million to support over 300 projects in climate action, healthcare, inclusive growth
The Philanthropy Asia Alliance has raised $615 million to fund over 300 projects focused on climate action, healthcare, and inclusive growth in Asia. The 2026 Impact Report emphasizes the need for philanthropic institutions to adapt to interconnected challenges such as climate change and health risks. Additionally, the Global Coalition for Nuclear Philanthropy has been launched to support nuclear energy as part of the clean energy transition.
- ▪The Philanthropy Asia Alliance mobilised $615 million for various projects in Asia.
- ▪The report highlights the need for institutions to reorganize in response to growing global challenges.
- ▪The Global Coalition for Nuclear Philanthropy aims to promote nuclear energy as a clean energy source.
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The Philanthropy Asia Alliance (PAA) has mobilised $615 million to support more than 300 projects across climate action, healthcare and inclusive development in Asia, according to its 2026 Impact Report released during the Philanthropy Asia Summit in Singapore.The report highlighted how philanthropic institutions are restructuring their operations amid growing geopolitical tensions, fiscal tightening, climate change and rising health risks across the region.Of the total funding mobilised in the Alliance’s third year, $50 million has been allocated to 24 catalytic programmes aimed at reducing early-stage risks and attracting larger pools of co-funding for policy-driven initiatives.The report said climate volatility is increasing pressure on health systems, contributing to antimicrobial…
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