True collective
The HBO show True Detective won critical acclaim when it first appeared on screen. Asia’s wealthy pursuing philanthropic initiatives might want to apply the same focus to uncover the mystery of how to combat climate change. The region is one of the most climate-vulnerable regions with Swiss Re Institute forecasting that its aggregate GDP could fall by more than 25% in the next 25 years if collective action isn’t taken. Philanthropy is well placed to act as a catalytic (climate) converter and push the innovation envelope to uncover new solutions and tools to combat climate risk. Doing so could attract greater public and private investment to protect the region’s economic prospects. As Vanilla Ice famously said: “Stop. Collaborate and listen.” This is the philanthropy sector’s call to climate action.