Strengthening the evidence base and institutional infrastructure needed to drive systems change remained a central focus throughout the week.

The Centre for Impact Investing and Practices, in partnership with Temasek, Invesco, and the CGIAR Hub for Sustainable Finance, launched Climate Adaptation and Resilience in Asia: Pricing Risk, Sizing Opportunities, Financing Solutions. The report identifies more than 250 priority adaptation solutions across nine sectors — including agriculture, water, coastal protection, and health systems — providing a practical roadmap for where philanthropic and development capital can deliver the greatest impact.

Ms Dawn Chan, CEO, Centre for Impact Investing & Practices, launching CIIP’s report at the Impact Investing Roundtable 2026

Building on this, the Amplifier programme, an initiative by CIIP and PAA, announced a new partnership with the Asian Development Bank to strengthen the pipeline of investment-ready climate adaptation solutions, with a specific focus on water resilience. By supporting the scaling, adoption and investment readiness of high-potential solutions, the collaboration aims to address critical bottlenecks that prevent promising climate adaptation solutions from being deployed at scale and attracting larger pools of capital.

PAA and the Centre for Asian Philanthropy and Society also released Philanthropy as Risk Capital in Asia: Bridging Innovation to Impact. Drawing on ten case studies across 13 Asian economies, the study highlights how long-term, conviction-led philanthropy can fund innovations too early or uncertain for governments, markets or institutional funders, while helping embed successful approaches within public systems to achieve impact at scale. 

Dr. Ruth A. Shapiro, CEO, CAPS, moderated a panel featuring Mr. Ryan Tan, Head, Catalytic Capital for Climate and Health (C3H). Mr. Shaun Seow, CEO, PAA closed the session, which was titled “Philanthropy as Risk Capital: Insights from Asia”.

The week reinforced philanthropy's unique ability to bring together actors who might not otherwise collaborate.

A key milestone was the announcement of the Global Coalition for Nuclear Philanthropy by The Rockefeller Foundation and Temasek Trust. The coalition brings together partners including Blue Horizons Foundation, CleanEcon, Founders Pledge, the Rodel Foundation and the Oppenheimer Project to strengthen the evidence base, grow talent pipelines, improve project bankability and support effective governance frameworks. The initiative seeks to address a significant gap in climate philanthropy, with nuclear energy currently receiving less than 0.2 per cent of philanthropic climate funding despite providing approximately a quarter of global low-carbon electricity.

PAA, Temasek Foundation, and Temasek Life Sciences Laboratory also launched the Global Consortium Against Mozzies (GCAM) to align philanthropic capital, scientific expertise, and programme delivery to combat mosquito-borne diseases. The consortium will focus on strengthening surveillance, coordinating vector control and accelerating the development and deployment of next-generation tools, including advanced vaccines and therapeutics, recognising that greatest gains come when science-led preparedness efforts compound through stronger coordination.

PAA and Tsinghua University also announced a new partnership and joint Impact Summit in Beijing, expanding opportunities for cross-border collaboration and knowledge exchange across Asia.

Dr Yang Bin, Vice Chancellor of Tsinghua University Council, Professor of School of Economics and Management, and Dean of the Institute for Sustainable Social Value, Tsinghua University and Shaun Seow, CEO, Philanthropy Asia Alliance, on stage after announcing their partnership

Beyond these launches, there were several convenings for leaders across government, philanthropy, business and multilateral institutions to advance collaboration on climate resilience, energy transition and inclusive development. 

Discussions at the Leaders' Breakfast, as well as lunch engagements with Singapore President Tharman Shanmugaratnam, Patron of the PAA, and World Bank President Ajay Banga, underscored a common theme: the region's challenges require systems thinking, long-term partnerships and coordinated action.

Singapore President Tharman Shanmugaratnam during the PAA-hosted lunch at PAS 2026

Mr Ajay Banga, President of the World Bank, and Mr Ravi Menon, Singapore’s Ambassador for Climate Action and Senior Adviser (National Climate Change Secretariat) during the PAA-hosted World Bank Lunch at Temasek Shophouse

Leaders’ Breakfast comprising leaders from across the public, private, and philanthropic sectors

During the same week, Temasek Trust and Singapore's Energy Market Authority convened senior representatives from the public, private, philanthropic and multilateral sectors to discuss how greater collaboration could advance the ASEAN Power Grid and strengthen regional energy resilience. Participants emphasised the need to build broader public understanding of the initiative, not only as an infrastructure and financing effort, but as a long-term investment in more resilient, affordable and sustainable energy systems. Discussions also highlighted the role philanthropy can play alongside governments and businesses in supporting technical assistance, early-stage project development, and institutional capacity building.

While solutions abound across Asia, execution capital remains constrained. Several initiatives focused on unlocking larger flows of funding and reshaping how capital works in practice.

The Liveability Challenge (TLC) 2026 by Temasek Foundation attracted a record 1,500 submissions from more than 100 countries and awarded its largest funding pool to date. France-based YAMA and Singapore-based METHA8 emerged as the top winners at the TLC 2026 Grand Finale, each receiving S$1 million in catalytic funding for breakthrough technologies in carbon capture and clean energy. The challenge also supported a broader pipeline of innovations spanning hydrogen, cooling technologies and circular materials, reinforcing its role as a platform for accelerating climate solutions.

Eight finalists pitched at the TLC 2026 Grand Finale, and Metha8 and YAMA were presented the top prizes by Temasek Foundation CEO, Mr. Ng Boon Heong. (Photo credit: Temasek Foundation)

Momentum also continued to build across collaborative funding platforms. The Climate and Health Funders Coalition, of which PAA is a member, brings together more than 35 funders working across heat stress, air pollution and climate-sensitive diseases. Building on the US$300 million commitment announced by its founding members at COP30, the coalition reflects a growing shift from fragmented funding towards coordinated capital deployment around shared challenges.

Meanwhile, PAA’s Just Energy Transition Community, launched at PAS 2025, has already mobilised US$2.6 million across Asia in its first year, demonstrating how collaborative funding mechanisms can accelerate more equitable energy transitions.

The week reinforced a growing reality: Asia does not lack solutions. The challenge lies in helping proven innovations scale.

The Innovation Spotlight, jointly organised by CIIP, Co-Axis, and PAA showcased more than 30 ventures addressing challenges across climate, health and inclusive development. Innovations included from biodegradable leather produced from temple flowers, AI-powered agricultural tools supporting farmers in Vietnam, community healthcare solutions in Cambodia, and a digital platform connecting Deaf users with sign language interpreters and AI-powered translation.

Keynote speakers from Google DeepMind Impact Accelerator, Tencent, and Indonesia's National Research and Innovation Agency, BRIN, highlighted how technology, enterprise capabilities, and philanthropic risk capital can work together to accelerate impact. Discussions emphasised that innovators need more than visibility. Scaling requires catalytic capital, sustained partnerships and patient institutional support.

Together with initiatives such as Amplifier and its partnership with the Asian Development Bank, the showcase highlighted a growing ecosystem focused not only on generating new ideas, but also on creating pathways for proven solutions to reach scale.

The Temasek Life Sciences Laboratory team and their partner Rize after their MOU signing at PAS 2026

Temasek Life Sciences Laboratory and Rize also announced a five-year strategic partnership to scale low-emission rice production across Southeast Asia. Building on successful field trials in Indonesia, the collaboration aims to translate scientific innovation into commercially viable, climate-smart agricultural solutions that improve farmer livelihoods while reducing greenhouse gas emissions.

Across the week, a consistent message emerged: progress accelerates when partnerships align around shared outcomes and commit resources accordingly.

The announcements, collaborations and initiatives advanced during PAS and Ecosperity Week demonstrate how the Temasek Trust Collective's four impact pathways can reinforce one another. But the real test lies ahead.

The task now is to translate partnerships into implementation, reports into investment and commitments into measurable outcomes. As climate, health and development challenges become increasingly interconnected, the ability to align actors, capital and solutions around shared goals will determine the pace and scale of progress.

That work continues through upcoming convenings in Beijing and at PAS 2027, which will coincide with the 20th anniversaries of Temasek Trust and Temasek Foundation.

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