νόηση, ετών 18:)

We're joining the Talking Philanthropy 2024 in Hong-Kong. In the following days, we will be reporting via the NOESI.gr team notable data, know-how's, industry updates, aiming to import valuable insight to Greece from Global Philanthropic and spark discussion within our community. Follow us on hashtag TalkPhil2024NOESIgr - We’ll offer a recap on this morning’s sessions at https://noesi.gr/live 

BBC presenter, Kirtsy Lang, opens the event, as anchor and host for the day at Talking Philanthropy 2024, reporting that representatives from some 47 countries are attending.

UN Representative, Ban Ki-Moon, sets the tone for the day, welcoming attendees and highlighting the importance of wealth transfer across the world: "Now (after a 3-year period of COVID-19) we need to address the 17 Sustainable Development Goals (SDGs) which are an urgent call for action by all countries - developed and developing - in a global partnership".

Wealth Transform / Philanthropy / Global Welfare - "We stand at the threshold of an unparalleled opportunity: The world is about to witness the biggest transform of wealth offering a pivotal moment for us to channel our resources to address most urgent Global Challenges" - Ban Ki-Moon, UN 

Philanthropy can help address some of the biggest challenges we face today: “Let's explore practical ways we can make a meaningful change by accelerating philanthropy around the world” - Lady Edwina Grosvenor 

The UN Foundation was founded by the media tycoon Ted Turner by a million dollar gift. The Foundation has been a key player in introducing and implementing the 17 Sustainable Development Goals (SDGs). It works together but separately to the United Nations. It aims to find solutions to some of the world's most pressing challenges - Harshani Dharmadasa, UN Foundation

2030 is the deadline for achieving 17 Sustainable Development Goals / SDGs. This is going to be a pretty historic moment, when leaders assess our progress towards this. We have only achieved 19% of that globally, however, and only a few years away :( - Harshani Dharmadasa, UN Foundation 

By hey, getting the SDGs done is not an A+ essay. It's about shifting mentality, changing how institutions and systems work. Sometimes this takes generations. It's also about converting passion into compassion. It's about exploring solutions, ideas. It's important that we are not afraid of the 2030 moment. We should be critical about our actions and ability to change, via exploring the best pathways - Harshani Dharmadasa, UN Foundation: Unlock the Future Coalition - Summary of findings presented to the UN General Assembly in NYC in September 2024 - The Role of Youth in Wealth Transfer 

We have a lot of talk happening on how to engage in positive SDGs activity but we don't do enough to avoid negative activity. Only 6% of worldwide philanthropic investment goes to the environment. And most of it comes from N. America (source: World Economic Forum) - What about the rest 94%? - Lindsay Hooper (Cambridge Institute for Sustainability Leadership)

#Philanthropic #capital should not replace government investment on impactful strategies, it must act complimentary. Philanthropists, unlike the government, take more risks and are less stuck to bureaucracy. In case of successful pathways, then governments can help scale up - implementing appropriate strategies and tools designed to duplicate good practices - Dr. J Satrijo Tanudjojo 

Transfer of wealth / Philanthropy: It's estimated that in the following year there's a 27% increase in billionaires in Asia. On the other end, there are 2.1 billion who have no access to drinking water.

Opinion on Philanthropy shaping Social Welfare: Progress can be achieved by philanthropists challenging governments, rather than just collaborating. Philanthropists have a native urge to go beyond their "comfort zone", themselves usually being entrepreneurs or businesspersons. 

Check this out https://doinggoodindex.caps.org/ 

Infographics re. Asia is one of the fastest growing regions for wealth, and in the next decade will have: 26% of the world’s billionaire population, 1 billion people join the global middle class, 59% of global GDP.

Talking about Philanthropic Capitals: "I don't know what's gonna happen to the United States" - Dr Ruth Shapiro (Centre for Asian Philanthropy and Society) 

The Eden Social Welfare Foundation, a non-profit in Taiwan is presented to the audience. It has about a 40$ million budget per year, it was established by a disabled person. 50% of the Foundation’s budget comes from government contracts (rolling out services), 25% comes from charitable donations and 25% comes from profit of the social enterprises that employ disabled people streamed through the Foundation’s programmes and services. Check out https://eden.international/ or follow https://www.facebook.com/edenintel/ 

Responsible Ownership: A responsible owner is a person that acts today thinking about tomorrow. The world needs a new generation of responsible owners who actively engage in shaping a better future, that embrace an entrepreneurial spirit in facing the challenges of sustainability. Check out https://formue.com/ 

During COVID the Prime Minister of India established the PM Cares Fund (The Prime Minister Cares). In India if you make a donation, you get 50% off tax. If you donate to the PM Fund, you get 100% off. It's the government that can establish the tools and strategies to encourage dissemination of good practices in using Philanthropic Capital for welfare and solidarity. Check out https://pmcares.gov.in/en/ 

China has reportedly reduced the number of people living in extreme poverty by 800 million. The way of addressing this situation consisted of a set of three layers of redistribution strategy. The 1st is market mechanisms (what's the most efficient solution). The 2nd is public policy (fiscal taxation based on the principle of equity to redistribute resources). The 3rd layer is philanthropy and charity (based on the principle of ethics, the moral strategy to support the vulnerable). - Jiawei Ye

What an empowering way to close: Thank you for investing yourselves, your careers and your time here today. Antoinette Toss, UNEP Goodwill Ambassador (UNEP / United Nations Environment Programme) Check out https://unep.org/