It will feature global impact opportunities that tackle environmental and social challenges, and financial instruments such as recoverable grants and blended finance structures to “catalyse capital and amplify impact per dollar”.
Temasek Trust, the philanthropic arm of Temasek Holdings, and DBS Foundation have announced Co-Axis, a digital catalytic capital marketplace to direct private investments into impact-focused opportunities.
Unveiled at the 3rd Philanthropy Asia Summit on Sept 15, the industry-wide platform will be developed in phases. Its first phase will launch in the first half of 2024.
