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Asia's philanthropic giving to reach $1.5 trillion in next decade

Philanthropic giving in Asia is projected to reach $1.5 trillion over the next ten years, according to an interim report by the Commission on Asian Philanthropy. The Hong Kong Jockey Club Charities Trust reported its significant contribution to the city's GDP, highlighting the growing importance of philanthropy in addressing global challenges like climate change and technological disruption. These findings were presented at the Philanthropy for Better Cities (PBC) Forum 2026 in Hong Kong, which aimed to position the city as a global hub for charitable initiatives. AI

RANK_REASON The cluster reports a significant financial forecast for philanthropic giving in Asia, a major economic trend. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Asia's philanthropic giving to reach $1.5 trillion in next decade

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The cluster reports a significant financial forecast for philanthropic giving in Asia, a major economic trend. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Connor Mycroft ·

    Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade

    Philanthropic giving in nine Asian jurisdictions is projected to hit US$1.5 trillion over the next decade, while corporate contributions play a larger role in Hong Kong than in many regional peers, according to a new report released at a Jockey Club forum. The Commission on Asian…