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Southeast Asia, South Asia, and China By Tom King Temasek Trust, the philanthropic arm of Singapore’s Temasek Holdings has created a new private equity platform called ABC World Asia.
ABC World Asia will build its base in Singapore and focus on impact investing. Its target investments include financial and digital inclusion, better health and education, climate and water solutions, sustainable food and agriculture, and smart and livable cities.
The platform will be focusing its impact investing efforts throughout Southeast Asia, South Asia, and China.
Cheo Hock Kuan, CEO of Temasek Trust, explains that the new private equity platform will play an active role that's beyond their grantmaking efforts. ABC World Asia will help "bridge the financing gap" in support of sustainable philanthropy.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"There is growing scientific consensus that the Amazon Basin is reaching an ecological tipping point and urgent action is needed," says James Scriven, CEO of IDB Invest, a multilateral development...more
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A California state lawmaker has introduced a bill that would require oil and gas companies working in remote areas to pay for the damage they cause to communities, the Los Angeles Times...more
Enhanced Capital, a New York-based impact investment firm, says it has created more than 53,000 jobs, offset 1.8 million metric tons of carbon emissions, and invested $3.7 billion in community...more
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"If the class register were anything to go by, education would be one of modern civilization's greatest success stories." That's what Peter Wilson, a member of the UBS Accelerate Collective, had...more
Foundation: Gates Foundation
Melinda French Gates is stepping down as co-chair of the Bill & Melinda Gates Foundation, which she founded with her ex-husband Bill Gates more than 20 years ago. As part of an agreement made...more
Ahmad Al-Mallahi is a professor of agricultural engineering and sensing technologies at Dalhousie University in Halifax, Canada, and he's spent the past five years developing technology that could...more
Deforestation in south-east Asia could slash the region's GDP by 35%, according to a new report from Reuters. And that's not all. The report also finds that $100 billion pledged to fight...more
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