The Asian Venture Philanthropy Network, based in Singapore, is the largest network of social investors in Asia, with over 600 diverse members across 33 markets. Its mission is to close the SDG gaps in Asia, by enabling its members to increase the flow of financial, human, and intellectual capital towards impact.
In partnership with C3, AVPN embarked on an 18-month effort to drive the deployment of catalytic capital as a viable option to maximize returns and generate positive social impact in Asia. Targeting Asia-based private wealth holders and asset managers in research, bespoke learning and engagement opportunities, AVPN has been surfacing best practices in catalytic capital deployment in Asia, increasing awareness and knowledge, and working to mobilize more private wealth-holder capital towards social impact in the region. Read more about catalytic capital in Asia.
AVPN also developed a synthesis report that included learnings from its sister networks in Africa (AVPA), Europe (Impact Europe), and Latin America (Latimpacto), encapsulating the global effort in promoting the use of catalytic capital, with a goal to foster cross-regional knowledge sharing and collaboration for investors across the four regions.
“Philanthropists and social investors in Asia-Pacific are increasingly looking for ways in which they can achieve a multiplier effect through their giving,” said Naina Batra, AVPN CEO. “Innovative approaches such as blended finance and catalytic capital can open a floodgate of urgently needed financing to address the SDGs. Through this landmark partnership, we have been working with C3 and our sister networks to collectively move more catalytic capital toward impact in the region.”
For more on AVPN: https://avpn.asia/