Singapore Temasek Trust Philanthropy Asia Alliance Launches 2 Communities with 1) Clean & Inclusive Energy Community (Just Energy Transition Community) Co-Led by Tara Climate Foundation & Bloomberg Philanthropies and 2) Health Challenges Community (Health for Human Potential Community) to Reduce Preventable Deaths & Disease Burdens, Maternal & Child Health and Tackle Infectious Diseases Led by Gates Foundation, Institute of Philanthropy, Quantedge Advancement Initiative, Tanoto Foundation & Temasek Foundation
6th May 2025 | Hong Kong
Singapore Temasek Trust Philanthropy Asia Alliance has announced the launch of 2 communities with the 1) Clean & inclusive energy community (Just Energy Transition Community) co-led by Tara Climate Foundation & Bloomberg Philanthropies and the 2) Health challenges community (Health for Human Potential Community) to reduce preventable deaths & disease burdens, maternal & child health and tackle infectious diseases led by Gates Foundation, Institute of Philanthropy, Quantedge Advancement Initiative, Tanoto Foundation & Temasek Foundation. Announcement (5/5/25): “The Philanthropy Asia Alliance (PAA) today announced the launch of two new Communities – the Health for Human Potential (HHP) Community and the Just Energy Transition (JET) Community – at the Philanthropy Asia Summit 2025. These Communities build on PAA’s ongoing efforts to convene stakeholders around shared challenges and to explore promising pathways for philanthropic collaboration, applying a systems lens to drive scalable solutions in energy, health, and education. Each Community is helmed by Community Leads – PAA members – who will actively shape, fund and advance each Community’s work together with PAA. The Community Leads for each Community are listed in the next two sections. Developed with PAA members and launched in 2024, the Communities initiative brings together funders, practitioners, and ecosystem partners to collaborate on shared missions and collectively fund high-impact, PAA-evaluated projects. The first three Communities introduced at last year’s Summit were Blue Oceans, Sustainable Land Use, and Holistic & Inclusive Education. Since their launch, the first three Communities have forged various pathways, from peer learning and exchange of expertise to piloting collaborative projects … … Health for Human Potential (HHP) Community: Tackling Asia’s Health Challenges with Ambition and Urgency – PAA has launched the HHP Community with two objectives: to reduce preventable deaths and disease burdens across Southeast Asia, focusing on maternal, newborn, and child health and nutrition (MNCHN), as well as to tackle infectious diseases. The initial leads of the Health for HHP Community are the Gates Foundation, Institute of Philanthropy, Quantedge Advancement Initiative, Tanoto Foundation, and Temasek Foundation. Together, they are catalysing a bold ambition to drive lasting improvements in health across Asia. To kickstart efforts, the HHP Community Leads and the Philanthropy Asia Alliance will commit catalytic funding towards a portfolio of projects. With an initial funding target of US$100 million by 2030, the Community aims not only to deliver impact but also to strengthen the broader giving ecosystem by welcoming new partners and building a sustained, long-term coalition committed to improving health outcomes in the region. Discussions with other partners are ongoing and more are expected to join in coming months. The HHP Community will drive impact across the health innovation and delivery continuum by advancing affordable health solutions, strengthening health systems, promoting cross-sector collaboration, and integrating digital and AI tools into solutions that align with national health priorities. Efforts will initially focus on Indonesia, the Philippines, and Vietnam – Southeast Asia’s most populous countries – where important gains have been made but further progress is needed to achieve Sustainable Development Goals related to MNCHN and infectious diseases, including tuberculosis and malaria. Just Energy Transition Community: Catalysing Philanthropic Action for a Clean and Inclusive Energy Future – Co-led with members including Tara Climate Foundation, Bloomberg Philanthropies, and other philanthropic organisations, PAA has also launched the Just Energy Transition (JET) Community to galvanise philanthropic leadership and accelerate Asia’s shift towards clean, inclusive, and people-centred energy solutions. Despite being home to over half the world’s population and accounting for more than 50% of global energy consumption, Asia receives disproportionately lower philanthropic support for its critical energy transition. Between 2019 and 2023, just 20% of philanthropic funding reached Asia, Africa, and Latin America combined, while nearly 60% flowed to the U.S. and Europe. The JET Community seeks to close this gap, serving as a collaboration platform for philanthropic organisations to support clean energy initiatives that protect the environment, improve livelihoods, and support a better future for millions across the region. It will create space for funders, governments, industry, and local communities to work together and share ideas, build meaningful partnerships, and co-develop initiatives around job creation, workforce reskilling, better health outcomes, and stronger, more resilient communities.” In 2023, Singapore Temasek Trust launched the Philanthropy Asia Alliance (PAA) with over $777 million pledges (S$1 billion) from more than 80 global members & partners including from Bill & Melinda Gates Foundation, Bloomberg Philanthropies, Dalio Philanthropies, The Rockefeller Foundation, Li Ka Shing Foundation & UBS Optimus Foundation. Temasek Trust has also committed $100 million to support the ecosystem and working capital for Philanthropy Asia Alliance (PAA).
“ Singapore Temasek Trust Philanthropy Asia Alliance Launches 2 Communities with 1) Clean & Inclusive Energy Community (Just Energy Transition Community) Co-Led by Tara Climate Foundation & Bloomberg Philanthropies and 2) Health Challenges Community (Health for Human Potential Community) to Reduce Preventable Deaths & Disease Burdens, Maternal & Child Health and Tackle Infectious Diseases Led by Gates Foundation, Institute of Philanthropy, Quantedge Advancement Initiative, Tanoto Foundation & Temasek Foundation “
Shaun Seow, CEO Philanthropy Asia Alliance: “The Communities initiative was born from a simple idea: that we can do more, and do better, when we act together. Tackling complex challenges across health, energy, or education calls for differentiated approaches. To drive deep impact, it is critical for PAA to provide focused platforms for collaboration, apart from industry convenings such as the Philanthropy Asia Summit. The two new Communities are another step forward in that direction. We are grateful to all our Community Leads for their commitment, partnership, and belief in our collective impact.”
Hari Menon, Director, South & Southeast Asia, Gates Foundation: “As the Gates Foundation marks 25 years of working to advance health and equity around the world, we are reminded that lasting progress is only possible through strong partnerships. The Health for Human Potential Community exemplifies this spirit of collaboration – bringing together funders, innovators, and governments to drive transformative impact across Asia. Together, we can accelerate progress in maternal, newborn, and child health, tackle infectious diseases, and help ensure healthier, more equitable futures for generations to come.”
Brian San, Co-Secretary-General, Institute of Philanthropy: “True progress requires bold partnerships, and we are glad to stand alongside our fellow HHP Community Leads and PAA to help tackle some of the region’s most urgent health challenges. As a “think-fund-do” tank working for the betterment of communities everywhere, we believe that philanthropy should go beyond funding – it should catalyse impactful solutions that drive meaningful change. By focusing on maternal, newborn, and child health, as well as infectious diseases, this partnership aims to strengthen health systems and drive more equitable access to care. Together, we can create a healthier future for regional communities and demonstrate the power of collective action in philanthropy.”
Tan Yan Ru, Executive Director, Quantedge Advancement Initiative: “We believe that good health is foundational to unlocking human potential. Through the HHP Community, we are joining forces with bold, mission-aligned changemakers to back transformative solutions that drive lasting improvements in health outcomes and build stronger, healthier communities across the region.”
Belinda Tanoto, Member of Board of Trustees, Tanoto Foundation: “At Tanoto Foundation, we’re committed to driving systems change so every child has the opportunity to reach his or her full potential. Being part of the HHP community reflects our aspirations as an ecosystem catalyst in collaborating with like-minded funders and governments to create brighter, healthier tomorrows for children, their families, and their communities.”
Ng Boon Heong, Executive Director and Chief Executive Officer, Temasek Foundation: “No single actor can solve today’s health challenges alone. We need to scale and operationalise innovations, empower frontline professionals, and deliver care where it is needed most. The Health for Human Potential Community will leverage our combined strengths to turn bold ideas into systemic change. We invite others to join us in building a healthier Asia.”
Jamie Choi, Chief Executive Officer, Tara Climate Foundation: “Asia’s just energy transition isn’t just a challenge – it’s one of the greatest opportunities of our time. If we get this right, we won’t just cut emissions – we’ll create jobs, strengthen communities, and secure a healthier, more resilient future for millions. The Just Energy Transition Community is about turning intent into action – a call for bold, collaborative leadership to unite Asian and global funders and deliver the impact this moment demands.”
Philanthropy Asia Alliance – Philanthropy Asia Alliance (PAA) is a Temasek Trust initiative dedicated to catalysing collaborative philanthropy in Asia through dynamic multi-sector partnerships. By harnessing collective strengths, PAA multiplies impact, accelerates positive change, and takes urgent action to address the pressing environmental and social challenges of our time. PAA’s flagship programme is the annual Philanthropy Asia Summit.
Singapore Temasek Trust Launches Philanthropy Asia Alliance with over $777 Million Pledges from More than 80 Global Members & Partners Including from Bill & Melinda Gates Foundation, Bloomberg Philanthropies, Dalio Philanthropies, The Rockefeller Foundation, Li Ka Shing Foundation & UBS Optimus Foundation, Temasek Trust Commits $100 Million to Support Ecosystem & Working Capital for Philanthropy Asia Alliance
16th September 2023 – Singapore Temasek Trust has launched the Philanthropy Asia Alliance (PAA) with over $777 million pledges (S$1 billion) from more than 80 global members & partners including from Bill & Melinda Gates Foundation, Bloomberg Philanthropies, Dalio Philanthropies, The Rockefeller Foundation, Li Ka Shing Foundation & UBS Optimus Foundation. Temasek Trust has also committed $100 million to support the ecosystem and working capital for Philanthropy Asia Alliance (PAA). At the 3rd Philanthropy Asia Summit, PAA Chairman, Lim Boon Heng, announced that President of the Republic of Singapore Tharman Shanmugaratnam has accepted Philanthropy Asia Alliance invitation to be its Distinguished Patron. More info below.
” Singapore Temasek Trust Launches Philanthropy Asia Alliance with over $777 million Pledges from More than 80 Global Members & Partners Including from Bill & Melinda Gates Foundation, Bloomberg Philanthropies, Dalio Philanthropies, The Rockefeller Foundation, Li Ka Shing Foundation & UBS Optimus Foundation, Temasek Trust Commits $100 Million to Support Ecosystem & Working Capital for Philanthropy Asia Alliance “
Desmond Kuek, CEO, Temasek Trust: “Collaborative, collective action is key to tackling the interconnected and complex challenges confronting us. The opportunity for philanthropic capital to catalyse positive impact in Asia is immense, and the Philanthropy Asia Alliance will accelerate this. We will harness the strengths, ideas and best practices of members and partners to jointly pioneer philanthropic innovations to realise our bold ambitions as an Alliance to prime Asiaas a force for good.”
Lim Seok Hui, CEO, Philanthropy Asia Alliance: “The Philanthropy Asia Alliance is driven by the immense opportunity to mobilise collective action to catalyse and scale Asian solutions for the world. We will deepen our partnerships, harness our strengths, and forge new pathways to make the impossible possible. We welcome members and partners with the same ambition and bias for action to join us in this collaborative journey of giving and catalytic impact.”
Singapore President Tharman Shanmugaratnam: “Philanthropy Asia Alliance is a significant and much-needed initiative. The challenge we face is unprecedented – combining the need for bolder actions to tackle climate change with the imperatives of job creation and income growth in developing Asia. It can only be addressed through a whole new wave of innovations, in virtually every sector including farming. PAA will bring global and regional philanthropies together to work with governments, businesses, and other stakeholders to catalyse and scale up these innovations.”
Gargee Ghosh, President, Global Policy and Advocacy, Bill & Melinda Gates Foundation: “We are pleased to be a member of the Philanthropy Asia Alliance, partnering with Temasek Trust and other global and Asian philanthropies and organizations. We believe in the transformative power of collaborative philanthropy and envision PAA making enduring contributions to address the most important health and development challenges and cultivate a thriving philanthropic ecosystem to help accelerate progress across the region.”
Ray Dalio, Founder, Dalio Philanthropies: “My family and I have built many meaningful relationships over many years in Singapore, and we are excited to continue our partnership with Temasek Trust as a founding member of the Philanthropy Asia Alliance. With our long- standing commitment to ocean exploration and conservation, we are thrilled that one of the areas the Alliance will invest in is in the oceans and we will be supporting two ocean projects, including one led by the National University of Singapore and another led by Conservation International’s International Blue Carbon Institute. Through this Alliance, we look forward to supporting Singapore and the region to help do great things for the world.”
Deepali Khanna, Vice President, Asia Regional Office, The Rockefeller Foundation: “We are excited to partner with the Philanthropy Asia Alliance and join forces for transformational action in Asia, a region particularly vulnerable to climate change. Through our combined efforts and resources, we are committed to tackling the climate crisis.”
Maya Ziswiler, CEO, UBS Optimus Foundation: “It is clear to us that the challenges our world faces cannot be solved alone, and we are aligned with Philanthropy Asia Alliance’s ambitions to foster the impact ecosystem in Asia. As a global philanthropic thought-leader and pioneer in social finance, UBS Optimus Foundation seeks to harness the power of partnerships to drive transformative, scalable, and sustainable change for people and the planet.”
Raymond Ang, Global Head of Private & Affluent Banking, Standard Chartered: “Philanthropy Asia Alliance (PAA) is well-positioned to catalyse and deploy philanthropic capital where it is most needed, and we are very proud that Standard Chartered Trust (Singapore) Limited is a member of this meaningful initiative. We look forward to deepening our philanthropic collaboration with PAA and bringing together like-minded clients to create impact across Asia.”
Singapore Temasek Trust Launches Philanthropy Asia Alliance with over $777 million Pledges from More than 80 Global Members & Partners
Philanthropy Asia Alliance (PAA) will build capabilities, capacities, and communities in the philanthropic sector, and harness multi-sector partnerships to catalyse Asian solutions for global challenges. To date, over 80 and growing global members and partners from the Americas, the Asia-Pacific, Europe, and the Middle East have joined the Alliance. Collective PAA pledges have crossed S$1 billion (US$777M) to catalyse collective action for good. This includes Temasek Trust’s US$100M commitment to grow the ecosystem and support PAA’s working capital. PAA’s growing community includes:
- Americas: Bill & Melinda Gates Foundation, Bloomberg Philanthropies, C40 Cities, ClimateWorks Foundation, Conservation International, Dalio Philanthropies, Education Development Centre, Equinix Foundation, Evidence Action, Give2Asia, Mastercard Center for Inclusive Growth, OneSky, PATH, Population Services International, Resilient Cities Network, Roc360, Room to Read, The Rockefeller Foundation
- Asia-Pacific: Aboitiz Foundation Inc., Ayala Corporation, CareSpan Asia, CBC Group, Chaudhary Foundation, Clime Capital Management Pte Ltd, Climateworks Centre, Community Foundation of Singapore, DBS Foundation, Duke-NUS Medical School, Fast Retailing Foundation, Educate Girls, GKG Investment Holdings Pte Ltd, Goh Hup Jin, Gokongwei Brothers Foundation, Ho Ching, Hong Leong Foundation, IMC Pan Asia Alliance Pte Ltd, JOil, Jollibee Group Foundation, Li Ka Shing Foundation, Mapletree Investments, Minderoo Foundation, National Parks Board, National University of Singapore, Ng Teng Fong Charitable Foundation, PlanetRead, PT Triputra Agro Persada Tbk, Rici Foundation, Quantedge Foundation, Safe Water Gardens, Sembcorp Industries, SHEIN Group, Shiv Nadar Foundation, Sinar Mas, Southeast Asia Climate and Nature-based Solutions Coalition, Standard Chartered Trust (Singapore) Limited, Tanoto Foundation, Tara Climate Foundation, Temasek Foundation, Temasek Life Sciences Laboratory, Temasek Trust, Wing Tai Holdings Limited
- Europe and the Middle East: Badr Jafar, BirdLife International, Clean Air Fund, Community Jameel, Jameel Institute, Novo Nordisk Foundation, UBS Optimus Foundation, Vision Catalyst Fund, Wellcome Trust, World Economic Forum
Temasek Trust
Temasek Trust, established by Temasek Holdings, is a steward of philanthropic assets, advocate of sustainability and catalyst of positive impact. It provides governance and financial oversight of endowments for an ecosystem of entities with the shared purpose of building better for every generation by protecting the planet, uplifting communities, connecting people, and advancing capabilities. In forging new pathways for philanthropy and impact investing with like-minded partners, Temasek Trust aims to promote catalytic philanthropy as a force for good. For more information, visit www.temasektrust.org.sg
Philanthropy Asia Alliance
Philanthropy Asia Alliance (PAA) is a Temasek Trust initiative dedicated to catalysing collaborative philanthropy in Asia through dynamic multi-sector partnerships. By harnessing collective strengths, PAA multiplies impact, accelerates positive change, and takes urgent action to address the pressing environmental and social challenges of our time. PAA’s flagship programme is the annual Philanthropy Asia Summit, supported by Temasek Trust and Temasek Foundation. PAS features Calls to Action to foster innovation, drive momentum, and scale impact in addressing environmental and social challenges. For more information, visit http://philanthropyasiaalliance.org
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