AVPN Global Conference In Abu Dhabi Showcases Impact Investing And New Partnerships
The AVPN Global Conference 2024's second day was a testament to the power of impact investing and the formation of new partnerships in propelling positive change throughout Asia. Naina Subberwal Batra, CEO of AVPN, emphasized the transformative potential of impact investing in addressing the unique challenges and leveraging the opportunities within Asia's vibrant communities. "By aligning financial objectives with social and environmental outcomes, we can unlock new opportunities for inclusive and sustainable growth for our region," she stated.
The day featured plenary sessions and workshops led by experts from notable organizations including the Abu Dhabi Investment Office, Asia Investor Group on Climate Change, Bill & Melinda Gates Foundation, COP28, and UBS Optimus Foundation. These sessions aimed to foster a collaborative environment among investors, corporations, entrepreneurs, philanthropists, and changemakers, all united in their commitment to using capital for the greater good.
Amidst Asia's rapid economic growth and evolving social dynamics, discussions at the AVPN Impact Investing Day revolved around strategic impact investing and innovative approaches tailored to the region. A key moment was the introduction of the AVPN ImpactCollab, an innovative outcomes-based social investing system supported by the Monetary Authority of Singapore (MAS). This initiative marks a significant step forward with the launch of Asia’s first impact data registry through its Social Outcomes Platform, setting new standards for evaluating social programs.
Furthermore, the Khalifa bin Zayed Al Nahyan Foundation announced a significant commitment to finance micro, small and medium enterprises (MSMEs) with a US$27 million initiative. This endeavor aims to support entrepreneurship and capacity building among young entrepreneurs in some of the world’s least developed countries, recognizing the critical role MSMEs play in driving economic growth.
This year’s conference underscored the critical role of impact investing in driving sustainable development across Asia. Through innovative platforms like the AVPN ImpactCollab and substantial financial commitments such as that from the Khalifa bin Zayed Al Nahyan Foundation, stakeholders are laying down solid foundations for a future where financial investments are seamlessly integrated with social and environmental objectives.
With inputs from WAM
Sign in with Google