*The Health for Human Potential Community will address maternal and child health as well as infectious diseases, while the Just     Energy Transition Community will focus on closing energy transition gaps.

*The Health for Human Potential Community aims to mobilise over US$100 million in catalytic philanthropic funding by 2030

*PAA's Communities initiative continues to foster deeper collaboration within philanthropic ecosystem

SINGAPORE - 5 May 2025 - The Philanthropy Asia Alliance (PAA) today announced the launch of two new Communities - the Health for Human Potential (HHP) Community and the Just Energy Transition (JET) Community - at the Philanthropy Asia Summit 2025. These Communities build on PAA's ongoing efforts to convene stakeholders around shared challenges and to explore promising pathways for philanthropic collaboration, applying a systems lens to drive scalable solutions in energy, health, and education.

Each Community is helmed by Community Leads - PAA members – who will actively shape, fund and advance each Community's work together with PAA. The Community Leads for each Community are listed in the next two sections.

Developed with PAA members and launched in 2024, the Communities initiative brings together funders, practitioners, and ecosystem partners to collaborate on shared missions and collectively fund high-impact, PAA-evaluated projects. The first three Communities introduced at last year's Summit were Blue Oceans, Sustainable Land Use, and Holistic & Inclusive Education. Since their launch, the first three Communities have forged various pathways, from peer learning and exchange of expertise to piloting collaborative projects.

"The Communities initiative was born from a simple idea: that we can do more, and do better, when we act together," said Mr Shaun Seow, Chief Executive Officer, Philanthropy Asia Alliance. "Tackling complex challenges across health, energy, or education calls for differentiated approaches. To drive deep impact, it is critical for PAA to provide focused platforms for collaboration, apart from industry convenings such as the Philanthropy Asia Summit. The two new Communities are another step forward in that direction. We are grateful to all our Community Leads for their commitment, partnership, and belief in our collective impact."

Health for Human Potential (HHP) Community: Tackling Asia's Health Challenges with Ambition and Urgency

PAA has launched the HHP Community with two objectives: to reduce preventable deaths and disease burdens across Southeast Asia, focusing on maternal, newborn, and child health and nutrition (MNCHN), as well as to tackle infectious diseases. The initial leads of the Health for HHP Community are the Gates Foundation, Institute of Philanthropy, Quantedge Advancement Initiative, Tanoto Foundation, and Temasek Foundation.

Together, they are catalysing a bold ambition to drive lasting improvements in health across Asia. To kickstart efforts, the HHP Community Leads and the Philanthropy Asia Alliance will commit catalytic funding towards a portfolio of projects. With an initial funding target of US$100 million by 2030, the Community aims not only to deliver impact but also to strengthen the broader giving ecosystem by welcoming new partners and building a sustained, long-term coalition committed to improving health outcomes in the region. Discussions with other partners are ongoing and more are expected to join in coming months.

The HHP Community will drive impact across the health innovation and delivery continuum by advancing affordable health solutions, strengthening health systems, promoting cross-sector collaboration, and integrating digital and AI tools into solutions that align with national health priorities. Efforts will initially focus on Indonesia, the Philippines, and Vietnam – Southeast Asia's most populous countries – where important gains have been made but further progress is needed to achieve Sustainable Development Goals related to MNCHN and infectious diseases, including tuberculosis and malaria.

Just Energy Transition Community: Catalysing Philanthropic Action for a Clean and Inclusive Energy Future

Co-led with members including Tara Climate Foundation, Bloomberg Philanthropies, and other philanthropic organisations, PAA has also launched the Just Energy Transition (JET) Community to galvanise philanthropic leadership and accelerate Asia's shift towards clean, inclusive, and people-centred energy solutions. Despite being home to over half the world's population and accounting for more than 50% of global energy consumption[1], Asia receives disproportionately lower philanthropic support for its critical energy transition. Between 2019 and 2023, just 20% of philanthropic funding reached Asia, Africa, and Latin America combined, while nearly 60% flowed to the U.S. and Europe[2].

The JET Community seeks to close this gap, serving as a collaboration platform for philanthropic organisations to support clean energy initiatives that protect the environment, improve livelihoods, and support a better future for millions across the region. It will create space for funders, governments, industry, and local communities to work together and share ideas, build meaningful partnerships, and co-develop initiatives around job creation, workforce reskilling, better health outcomes, and stronger, more resilient communities.

Refer to the Appendix for quotes from the HHP and JET Community Leads.

Scaling Collective Impact: A Systems Approach

At the Philanthropy Asia Summit 2025, both Communities will host kick-off sessions to engage like-minded partners and catalyse collaboration around shared goals. These sessions will mark the start of co-developing each Community's Collective Impact Framework – a strategic blueprint that defines a common mission, scopes the challenge, and sets clear metrics and timelines for progress.

The Communities will also bring together researchers, industry groups, thought leaders, and programme experts — including Temasek Foundation, which brings 18 years of experience piloting and catalysing innovative solutions and programmes with partners in Asia and beyond. Temasek Trust will support the Communities in applying a systems thinking approach to impact design and measurement.

[1] Source: World Economic Forum

[2] Source: ClimateWorks Funding Trends 2024 Report

About Philanthropy Asia Alliance

Philanthropy Asia Alliance (PAA) is a Temasek Trust initiative dedicated to catalysing collaborative philanthropy in Asia through dynamic multi-sector partnerships. By harnessing collective strengths, PAA multiplies impact, accelerates positive change, and takes urgent action to address the pressing environmental and social challenges of our time. PAA's flagship programme is the annual Philanthropy Asia Summit. For more information, visit http://philanthropyasiaalliance.org.

The issuer is solely responsible for the content of this announcement.