Temasek Trust launches Co-Axis, a digital platform to match donors to social projects

S$40 million has been committed by the Philanthropy Asia Alliance and the first three pioneers of the Community Initiative. It includes the Blue Oceans, Sustainable Land Use and the Holistic & Inclusive Education communities. This was announced at the Philanthropy Asia Summit. Five climate and nature innovators have been selected from 139 submissions from 35 countries. They will each receive up to S$250,000 in funding. Ms Dawn Chan, managing director of investments at Temasek Trust Capital, shared more about a new digital platform, Co-Axis, which aims to match fund donors to promising social projects.