Entrepreneurial Ecosystem Snapshot: Climate & Environmental Entrepreneurship in Southeast Asia

ANDE, Australian Aid & Stockholm Environment Institute

This report examines the support ecosystem for climate and environmental entrepreneurs in Southeast Asia and identifies challenges and opportunities for entrepreneurship to accelerate the transition to a low-carbon economy in the region. The findings are based on a survey of 221 support organizations, conducted in six Southeast Asian economies that are significant contributors to greenhouse gas emissions and/or are the most vulnerable to climate disasters: Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. The report offers insights on the set of organizations supporting entrepreneurs and gives specific recommendations on ways that support organizations, the private sector and governments can help boost the ecosystem for climate and environmental entrepreneurs.

The publication is part of ANDE’s Entrepreneurial Ecosystem Snapshots, which provide practitioner-focused information to small and growing businesses. Read it here.

CAPS Spotlight: Who’s Doing Good

27 October 2021 – 09 November 2021

COP26 spurs increase in partnerships for climate action. The Climate Finance Leadership Initiative India announced its nine founding members ahead of the climate conference, which include Tata Sons, State Bank of India, Larsen & Toubro, HDFC Bank, Kotak Mahindra Bank, HSBC and Singapore’s GIC Private Limited. The initiative will focus efforts on accelerating the flow of private finance to climate actions in India.

In addition, the Bezos Earth Fund pledged US$500 million in seed capital to The Global Energy Alliance for People and Planet, to bring renewable energy to 1 billion of the world’s poorest. The alliance aims to increase this to US$100 billion within a decade by leveraging both multilateral and private capital, reports the Financial Times. Initial projects will target economies in Asia (India, Indonesia, Vietnam and Pakistan), as well as Africa and Latin America. And Bill Gates reflects on the significance of COP26 and the shifts in the role that the private sector can play in combating environmental challenges.

Azim Premji tops the 2021 EdelGive Hurun India Philanthropy List. Premji’s family increased their giving by 27% compared to last year, reports India Today. Nine women were featured on the list, including nonprofit founder Rohini Nilekani, who was named India’s “most generous woman philanthropist”. CAPS spoke with Rohini earlier in the year about her push for water and education philanthropy in India. Continue reading in India Today →

Asian billionaires are donating big to support higher education. Nguyen Thi Phuong Thao, the founder of Vietjet and Vietnam’s wealthiest woman, donates £155 million (approximately US$211 million) to Oxford college. Her donation, the largest received by Oxford in at least 500 years, will see Linacre College renamed “Thao College”, reports The Guardian. Indonesian entrepreneur Tandean Rustandy makes a US$1.25 million donation to the University of Colorado, Boulder. The major gift from the founder of ceramic tiles business PT Arwana Citramulia Tbk will support scholarships that link business and engineering studies.

India’s first Skills Impact Bond launches, set to benefit 50,000 youths over the next four years. The US$14.4 million fund is a collaboration between the National Skill Development Corporation and a coalition of global philanthropic, corporate and government partners. Partners will work to promote effective interventions, support research and enhance the impact of the skill development program. Women and girls, who have been disproportionately impacted by the pandemic, will constitute 60% of the target group, reports The Times of IndiaContinue reading in The Times of India →

Green and sustainable finance continues to gain traction in Asia. Singapore-headquartered Tembusu Partners and Eco Business launch the Sustainable Future Fund. The targeted US$100 million, Asia-focused fund will invest in climate opportunity areas including energy, sustainable cities and the circular economy. Thailand’s Indorama Ventures issues a US$300 million sustainability-linked bond. The bond will be the largest of its kind issued in Thailand, according to The Asset. Indorama says the bond is aligned with international standards and will be made available to both institutional and high-net worth individual investors.

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Bridging the Talent Gap: A Study on Talent Development in the Philanthropy and Non-Profit Sector

Asia Philanthropy Circle (APC)

This report shines a spotlight on the talent deficit in philanthropy and social sector leadership in Asia. The dearth in talent can limit the ability of the sector to grow when there is insufficient leadership behind it. Recommendations for how challenges in recruitment, integration and retention of talent can be mitigated are discussed. The report draws from 20 interviews conducted in five Southeast Asian countries: Indonesia, Malaysia, Philippines, Singapore and Thailand. Read it here.

Public-Private Partnerships for Social Good

Rethinking PPPs

There is a growing trend in Asia of governments and the private sector coming together to address social needs, and our latest study spotlights these “public-private partnerships for social good.” With 88% of top business leaders in Asia believing such partnerships will become even more common over the next five years, it is more important than ever to understand what they are and how they work.

We conducted an in-depth analysis of 20 notable PPPs for social good spanning 11 Asian economies and 9 sectors to find out. Our report showcases why this trend is taking root, what best-in-class PPPs for social good look like, and how they maximize impact.

Read on to learn more about the 6 strategies that enable public-private partnerships for social good to achieve greater impact, how they can prepare for sustainability, and how they can navigate risks.

Read the press release hereand download the full report below.

 

Beauty of the Human Spirit: Covid-19 in Thailand (Jan-Oct 2020)

Centre for Philanthropy and Civil Society, National Institute of Development Administration

This report examines the response of Thai society during the Covid-19 pandemic. It details the contributions of various sectors—government, private sector, the public and civil society—including how these different sectors united to meet rising needs. The role of village health volunteers and the impact of the pandemic on the NGO sector are spotlighted.

The report relies on data from an opinion survey of 1,315 Thai respondents to support its findings. Read it here.

CAPS Spotlight: Who’s Doing Good

28 April 2021 - 12 May 2021

As cases continue to surge in India, ordinary citizens, charities and companies are working to mitigate the crisis. In many places, volunteers are filling the gaps by organizing charity drives and sourcing supplies. India’s younger generation is fighting the pandemic by setting up crowdsourcing apps and building online databases with real-time information on medical resources and oxygen availability across the country. Companies are continuing to aid the fight: Bajaj Group pledged an additional ₹200 crore (US$27 million); Accenture pledged US$25 million; Reliance Foundation is setting up an additional 1,000 bed facility in Jamnagar; tech companies from CRED to Google are also providing aid. While companies, charities, and ordinary citizens are stepping up, India’s ultra-rich are facing criticism for not giving more during this second wave.

Prime Minister Modi has asked NGOs and civil society groups to provide further help to medical professionals. However, nonprofits are saying that the FCRA amendments the government introduced last September have crippled the sector and limited their ability to access and distribute crucial foreign aid at this time. They are asking for FCRA requirements to be put in abeyance as the country battles the worst of the Covid-19 pandemic.

Thailand’s social sector is facing potential restrictions on foreign funding. In February, the Thai Cabinet approved a draft law in the name of creating more transparency in the social sector. The law has since drawn criticism from those in the sector, including human rights groups, and three United Nations Special Rapporteurs, who are concerned it would bring to heel the country’s NGOs. Section 6 of the draft law would place restrictions on organizations that receive foreign funding. This could have ramifications for the sector, as CAPS’ Doing Good Index 2020 found that 52% of social delivery organizations in Thailand receive foreign funding.

Philippine Disaster Resilience Foundation (PDRF) and the Bank of the Philippine Islands (BPI) begin construction of disaster, pandemic facility. The BPI Bayanihan Center will be a two-story, multi-purpose facility in Batangas City for people burdened by disasters and pandemics. The facility was intended to serve those severely affected by the Taal Volcano eruption in 2020, but its design has since been modified so that it can also function as a health care facility. The center will also be open for community programs and activities on occasion. Continue reading in The Manila Times →

NGO Rise Against Hunger and corporate partners join hands to end hunger in the Philippines. The number of people going hungry in the Philippines reached a record high during the pandemic, according to a Social Weather Stations survey. Rise Against Hunger stepped up to mobilize its staff and corporate volunteers to deliver food to various communities nationwide. With an ambitious goal to end hunger by 2030, the nonprofit’s corporate and government partnerships have been a key pillar in effectively reaching the poorest communities. Continue reading in The Manila Standard →

DBS Foundation doubles its grant program for social entrepreneurs to SG$3 million (approximately US$2.3 million). The philanthropic arm of DBS Bank has increased the funding pool of its grant program to support more social enterprises in the region as the pandemic persists. Social enterprises from Singapore, Hong Kong, China, Taiwan, India, and Indonesia are eligible to apply. Continue reading in the Singapore Business Review →

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DECODED

Asia's social sector takes on Covid-19

Our DECODED series unpacks, explains and crystallizes issues critical for social investment in Asia. DECODED draws upon CAPS’ expertise in research, and access to an extensive network of sector experts and philanthropists in 18 Asian economies. This enables us to identify emerging trends in the region. Through DECODED, we translate these concepts into bite-sized, easy-to-understand insights.

This inaugural DECODED synthesizes how the social sector across Asia has risen to the occasion in responding to Covid-19, and what comes next. We end with recommendations for philanthropists, corporates and policymakers who want to invest in helping Asia’s social sectors thrive.

The State of Social Enterprise in South East Asia

British Council and UNESCAP

This report combines economy-specific analyses of social enterprises across South East Asia, including Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. An estimated one million social enterprises exist across these economies. This report highlights the activities that social enterprises are engaged in, the range of beneficiaries, as well as their size and reach. The diverse types and sources of support social enterprises receive are also discussed. Read it here.

Individual reports can be accessed here:

CAPS Spotlight: Who’s Doing Good

02 March 2021 - 15 March 2021

In the latest for South China Morning Post, CAPS explains how China achieved its poverty alleviation goal by seasoning its ‘stone soup’ strategy. On February 25th, Xi Jinping announced that his signature campaign to eliminate absolute poverty was a success. CAPS’ Chief Executive Ruth Shapiro and Deputy Director of Advisory Services Angel Lin give insight into the four strategies—a focused campaign, aligned incentives, tracking poverty, and mobilizing resources—that helped China achieve this audacious goal. Continue reading in the South China Morning Post →

Family philanthropy in India has tripled since 2019, according to latest India Philanthropy Report. While other sources of private funding—foreign, corporate, and retail—remained stagnant, funding from individual philanthropists grew to approximately INR 12,000 crore (approximately US$1.7 billion) in FY2020. This accounts for almost two-thirds of the increase in funding during the pandemic. This rise in individual giving is welcome, as foreign funding saw its share of overall funding fall to 25% and corporate funding is set to decline. Continue reading in the Business World →

Singapore’s Temasek Holdings commits US$500 million to impact investing specialist LeapFrog Investments. This allocation by Temasek, the US$214 billion Singapore state-backed investment company, is the largest single commitment to a specialist impact investment manager, according to the Global Impact Investing Network (GIIN). Temasek hopes its commitment will encourage other large institutional investors to move into impact investing. Continue reading in the Financial Times →

Newly published report estimates 1 million social enterprises across South East Asia. The State of Social Enterprise in South East Asia, launched earlier this month by the British Council, collates research on social enterprises from Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The report examines social enterprises’ activities, size and reach, as well as available government and financial support. CAPS also estimated there to be at least 1.2 million social enterprises in the six economies covered in Business for Good: Maximizing the Value of Social Enterprises in Asia. Continue reading in Pioneers Post →

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CAPS Spotlight: Who’s Doing Good

18 January 2021 - 03 February 2021

BRAC, the world’s largest NGO, rethinks its future. As Covid-19 continues to restrict its ability to work outside of Bangladesh, BRAC is aiming to expand its partnerships and engage more in advocacy work to scale its impact. The NGO’s shift to focus on capacity building and policy shines light on what the future of development work may look like after Covid-19. Others in the space, such as Oxfam, also foresee a shift to a partnership model rather than a direct delivery model. Continue reading in Devex →

Companies ranging from global brands to small businesses are offering pandemic aid to Thailand’s migrant workers. After the country’s recent spike in coronavirus cases, companies have stepped up to provide immediate supplies for migrant workers, who are mostly from Myanmar. CP Foods, Thai Union Group, and Osotspa have donated food and drink supplies, alongside global brands like PepsiCo and Mars. True Corp also joined the effort by donating mobile phone SIM cards to provide internet access for the migrant worker community. Continue reading in Reuters →

For Indian companies, spending on vaccine campaigns will count as CSR. The Ministry of Corporate Affairs declared that expenditure by Indian companies on awareness campaigns around the Covid-19 vaccination rollout could be counted towards their mandated CSR. Corporate spending on vaccine research and development as well as medical devices will also qualify. With these new changes, corporates are now lobbying for the vaccination of employees to also be included under the umbrella of CSR spending. Continue reading in India CSR →

Chinese philanthropy takes new shape amidst the Covid-19 pandemic. During the first half of 2020, Chinese philanthropists contributed more than US$2.82 billion to fight Covid-19. According to the report, Pandemic Philanthropy: Exploring Chinese Donors’ Embrace of Covid-19 R&D Funding, the pandemic spurred a shift in philanthropic giving from providing physical goods to focusing on research and development. This report discusses this welcome trend of investing in longer-terms needs, as well as other notable shifts in Chinese philanthropy during the pandemic. Continue reading in The Nonprofit Times →

The Philippines’ PLDT is bridging the digital divide in education’s new normal. In 2016, Smart Communications, a subsidiary of PLDT, launched “School-in-a-Bag”, a portable digital classroom designed to facilitate learning in remote areas using mobile technology. Each kit contains a laptop for the teacher, 20 tablets for students that can access interactive apps offline, and a Smart LTE pocket WiFi for teachers to download additional content. As kids rely even more on digital technology to continue learning in the pandemic, PLDT has donated an additional 86 digital classroom kits to the Department of Education this school year. Since its launch, the “School-in-a-Bag” kits have reached 80,000 students and 2,000 teachers across the Philippines. Continue reading in the Manila Standard →

The Jennifer Yu Cheng Girls Impact Foundation was recently launched to educate and empower schoolgirls in Greater China to become leaders in a digitalized economy. The new charity was launched by Jennifer Yu Cheng, executive director of Chow Tai Fook and wife of Adrian Cheng, executive vice-chairman and chief executive of New World Development. The foundation will partner with NGOs and other institutions to extend scholarships to teenage girls in underprivileged communities, starting with China’s Guizhou province. The foundation will also work to empower girls in Hong Kong with improved tech skills and wider exposure to science, technology, engineering, and mathematics (STEM) programs. Continue reading in the South China Morning Post →

Azim Premji sells shares worth Rs 9,000 crore in buyback, benefitting his two philanthropic trusts. The Azim Premji Trust and Azim Premji Philanthropic Initiatives will earn Rs 7,807 crore (over US$1 billion) from this, making them one of the largest charitable trusts in the region. Both organizations focus on education, nutrition, and issues related to vulnerable groups including street children, people with disabilities, and survivors of domestic violence. Continue reading in the Times of India →

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