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Temasek Trust & DBS Foundation to Launch Impact Investing Marketplace Co-Axis in 2024 1st Half for Philanthropists & HNWIs, Featuring Impact Investing Opportunities Tackling Environment & Social Challenges, Financial Instruments Including Recoverable Grants & Blended Finance Structures
16th September 2023 | Hong Kong
Temasek Trust & DBS Foundation have announced to launch impact investing marketplaceCo-Axis in 2024 1st half for philanthropists & HNWIs (high net worth individuals), featuring impact investing opportunities tackling environment & social challenges, financial instruments including recoverable grants & blended finance structures.
” Temasek Trust & DBS Foundation to Launch Impact Investing Marketplace Co-Axis in 2024 1st Half for Philanthropists & HNWIs, Featuring Impact Investing Opportunities Tackling Environment & Social Challenges, Financial Instruments Including Recoverable Grants & Blended Finance Structures “
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Desmond Kuek, Temasek Trust. CEO: “Today’s urgent challenges demand bold collective action and innovation. Temasek Trust is glad to partner with DBS Foundation and others from across the public, private, and philanthropic sectors to develop Co-Axis, the first of its kind in the market. Co-Axis will catalyse impact across the spectrum of capital and build a vibrant, impact-focused community of changemakers. Temasek Trust will continue working with like-minded partners to pioneer philanthropic innovations to catalyse and scale solutions for a better world, and build ecosystems for good.”
Piyush Gupta, DBS CEO: “Since the establishment of DBS Foundation in 2014, we have supported more than 100 Businesses for Impact across Asia. To tackle the growing issues of social inequality and climate change, now more than ever, it is important to draw on a broader ecosystem to enable and accelerate change. Through this initiative, we look forward to having more partners join us in supporting the growth of impactful solutions to build a better world for all.”
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