AVPN Global Conference debuts in Middle East with three-day social investing programme

Jovi Ho04-22

“The UAE has a rich history of giving, and that was one of the reasons why we chose to come to the UAE with our flagship event.”The 11th edition of the AVPN Global Conference will open in Abu Dhabi on...

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We have purposely chosen to come to Abu Dhabi, away from our usual locations, because we very much believe that this region is an integral part of Asia. We believe that by coming together in Abu Dhabi, we are going to be able to leverage the region’s geographic [and] economic potential to really drive impact across all of Asia.”\nThe conference includes more than 70 plenaries and breakout sessions, including live impact showcases, highlighting key social impact areas such as climate solutions, scaling health resilience, youth and women empowerment and technology-driven impact. \nIn addition, the second day of the conference is dedicated to impact investing. AVPN held its inaugural impact investing day at last year’s conference to “overwhelming feedback”, says AVPN impact investing chief Vikas Arora. “I’m happy to say that impact investing is now a mainstay for the conference.”\nAsia now holds 42% of global wealth, but Arora points to instances of income inequality in the region. “We do see multi-dimensional poverty as well, with vast market gaps in basic areas, such as in water, healthcare and education.”\nThe region requires additional funding of nearly US$4 trillion dollars to meet its UN Sustainable Development Goals (SDGs). “This funding is not going to come from any one single pool of capital, like philanthropy or government aid, but it will need a combination of all pools of capital coming together,” says Arora, who joined AVPN in August 2023 after more than three decades in the financial sector, including 25 years at Deutsche Bank. \nHost partners such as the Khalifa Bin Zayed Al Nahyan Foundation, Reaching the Last Mile, Zayed Charitable & Humanitarian Foundation, Burjeel Holdings and Alef Education have lent their support to the conference.\nIn addition, core partners lending their support and commitment to advancing social impact at the conference include Emirates Red Crescent and the Bill & Melinda Gates Foundation; while lead partners include The Hong Kong Jockey Club Charities Trust, Johnson & Johnson Foundation, Visa Worldwide Pte Ltd, Abu Dhabi Investment Office (ADIO), Authority of Social Contribution — Ma’an, the Institute of Philanthropy, Abu Dhabi Early Childhood Authority and First Abu Dhabi Bank (FAB). \nSultan Al Shamsi, the UAE’s Assistant Minister of Foreign Affairs for Development and International Organisations Affairs, says AVPN’s Middle East debut “reflects the UAE’s legacy and leadership” in global development.\nAl Shamsi, who is also a member of the IHPC, adds:  “Over the coming days, we look forward to dynamic conversations together as we explore opportunities to collaborate, innovate, and forge new alliances in support of humanitarian response as well as sustainable and inclusive development to ensure that no one is left behind.” \nLearn more about impact investing and philanthropy\n\nInvesting for impact? Learn these lessons from ESG investing\n‘Strong storytelling, clear visual aids’ help ABC Impact explain impact of investments\nT Rowe Price’s Global Impact Equity Fund seeks returns and measurable impact\nDon’t conflate investing in activity with actual impact: UBS philanthropy head","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429518565"}