SINGAPORE: Philanthropic organisations in Asia can play a bigger role in financing education and development projects, amid funding pressures and a decline in traditional sources of aid, said speakers at the Philanthropy Asia Summit on Monday (May 18).
The philanthropic sector could also help attract private investment into long-term initiatives, they told CNA on the sidelines of the event.
Currently in its sixth edition, the summit brings together leaders from philanthropy, business, government and civil society to discuss issues including climate change, healthcare and inclusive development.
