Philanthropy in Asia emerging as ‘risk capital’ for social innovation: Report
A new report highlights the role of philanthropy in Asia as a source of 'risk capital' for social innovation. It emphasizes how philanthropic funding is addressing gaps in government and private market support for high-risk initiatives. The report showcases various successful projects across Asia that have positively impacted millions of people.
- ▪Philanthropic funding in Asia has reached over 210 million people across 13 economies.
- ▪The report highlights Indonesia's dengue control programme, which achieved a 77% reduction in transmission.
- ▪Philanthropists are increasingly exploring innovative financing models to support social enterprises.
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Philanthropy in Asia is increasingly being deployed as “risk capital” to fund high-risk social innovations that governments and private markets are often unwilling to support, according to a new report released at the Philanthropy Asia Summit on Monday (May 18, 2026).The report, titled “Philanthropy as Risk Capital in Asia: Bridging Innovation to Impact", found that philanthropic funding across Asia has helped scale solutions in climate action, healthcare, housing, waste management, water and digital inclusion, collectively reaching more than 210 million people across 13 Asian economies.The study was researched and written by the Centre for Asian Philanthropy and Society (CAPS) and commissioned by the Philanthropy Asia Alliance (PAA) and was released in Singapore at the Philanthropy Asia…
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