Chinese Academy of Financial Inclusion (the host of International Forum for China Impact Investing) is catalyst member of AVPN (Asian Venture Philanthropy Network). From June 20th to 22nd, CAFI representatives were invited to attend the 2023 AVPN Global Annual Conference held in Kuala Lumpur. This conference is the first on-site gathering of the international impact investment society in Asia after the epidemic.
About AVPN
AVPN, a social investment network, an ecosystem builder that works to increase the flow of capital towards impact in Asia, ensuring that resources are most effectively deployed.
AVPN approaches social investment as a continuum of capital, in which funders may combine grants, debts and equity across multiple investments within their own portfolio, to achieve deeper impact.
Themed as “Global Challenge: Asian Solution”, The forum brought together 254 speakers and 1,329 delegates from 44 countries and regions. The participants are very diversified, including international investors, venture capital, private equity funds, impact funds, foundations, trusts, asset management institutions, family offices, other institutional investors, international NGOs, incubators and accelerators, etc.
Themed as “Global Challenge: Asian Solution”, The forum brought together 254 speakers and 1,329 delegates from 44 countries and regions. The participants are very diversified, including international investors, venture capital, private equity funds, impact funds, foundations, trusts, asset management institutions, family offices, other institutional investors, international NGOs, incubators and accelerators, etc.
This point of view was also confirmed by Belinda Tanoto, the member of the board of trustees of the Tanoto Foundation, in her speech. Belinda Tanoto mentioned that in order to solve social problems and challenges, various type of funds, including philanthropic funds, need to be involved. Such as Funds from government, market, venture capital, etc. Ideally, the role of philanthropic funds should act as is catalyst, which can also play an important role in responding to social problems, and to provide experiences of solutions.
Through this global annual conference, compared with the development of impact investment in China, we observed that more diverse institutions participated in. We’re also pleased to hear more cases of "in & out" in the region. Let’s have more uninterrupted thoughts and inspirations through practices under a wider range of context. Combined with the vigorous development of digital technology, such a multi-party social platform can further subdivide social issues, environmental issues, and governance solutions, and then can contribute to building a platform for impact investment institutions and investees with more effective communication and cooperation.
