The contributions of the world's biggest philanthropic foundations are important, but have unintentionally deterred more high net worth individuals from stepping up to give, says an executive from Asia's largest network of social investors.

It will be the foundation’s first office in Southeast Asia. Speaking at the annual Ecosperity conference convened by Singapore state investor Temasek, the American billionaire philanthropist also said the Trump-led pushback on climate will subside.

Studio EB Amid escalating climate losses and no net zero goal in sight, a newly proposed Low Carbon Economy Investment Act and ambitious private sector-led initiatives only way for Philippine industries to decarbonise.

Regulation is a crucial factor that investors consider before funding carbon projects, experts said at a recent event in Malaysia. Developers argue that the system does not need to be perfect to kickstart projects.