Asian Venture Philanthropy Network concludes South Asia Social Investment Summit 2023; urges transformative collective action in the region

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The event by Asia’s largest network of social investors highlighted key issues faced by the Global South

MUMBAI: Asian Venture Philanthropy Network (AVPN), the largest network of social investors across Asia, kick-started the South Asia Social Investment Summit 2023 in Mumbai.

The two-day summit took place at the Jio World Convention Centre and hosted speakers such as Karen Klimowski, Deputy Mission Director, USAID, Richard Hawkes, Chief Executive, British Asian Trust, Shirish Sinha, Director, Climate, Children’s Investment Fund Foundation, and Poonam Muttreja, Executive Director, Population Foundation of India, and Naina Subberwal Batra, CEO, AVPN. Leaders across policymaking, social investing, and the management of impact organizations also attended the event and discussed ways to streamline transformative collective action in the region.

This year, the fourth edition of AVPN’s signature event aimed to highlight issues hindering sustainable development in South Asia. These included concerns around the slow pace of progress of developing countries towards achieving the United Nations’ Sustainable Development Goals (SDGs), and collective efforts required to promote gender equality, livelihood opportunities for the youth, energy transition, ecosystem development, and health equity.

On the occasion, Naina Subberwal Batra, Chief Executive Officer, AVPN said, “AVPN makes possible catalytic collaborations between policymakers, family offices, foundations, and the private sector to collectively increase the impact and flow of capital deployed towards closing the SDG gaps in Asia. Our endeavor with the event was to support the Indian Government with their SDG realization, by identifying where capital needs to be moved to make the most impact. Due to India’s immense influence over Asia and its role as the G20 President for this year, it is vital to make the country the center of conversations among venture philanthropists.

Through this event, AVPN aims to forge bold collective action for social development and unpack the role of the private and social sectors in contributing to not just India’s development but also the Asia region. Keeping crucial conversations going from Indonesia’s G20 Presidency to India’s G20 Presidency, AVPN will continue championing the Asian voice and providing Asian solutions to global challenges.

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