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AVPN debuts social investor impact data registry
Asian philanthropic-focused platform validates programmes by cost, effectiveness
The Asset 25 Apr 2024

Asian social investor network AVPN has launched its social outcomes platform, the first phase of its three-year ImpactCollab initiative – an outcomes-based social investing system developed with the support of the Monetary Authority of Singapore – to facilitate philanthropic giving and impact investing, and scale philanthropic capital deployment both domestically and globally.

To kick off the first phase, the network launched its social outcomes platform, which it describes as “Asia’s first impact data registry” and is “powered by its impact data standards to validate and evaluate social programmes by their cost per result and effectiveness”.

The platform is built in partnership with OutcomesX, a social outcome exchange, and provides a neutral, unbiased way to quantify the annual outcomes of what impact organizations do. Its impact data standards, AVPN notes, “make it possible for any impact organization to verify social outcomes, and enable them to access capital and funding based on objective and measurable impact results”.

More importantly, the platform will provide social investors access to reliable, investor-grade impact data to use in making funding decisions. “By creating a common language between capital funders and impact organizations to better align their goals and desired outcomes,” the network says, “this impact data registry strengthens trust and enables collaboration across the ecosystem.”

The full suite of the ImpactCollab system will also include cross-border capital deployment capabilities to enable data-driven, outcomes-based philanthropic giving and social investing that complies with cross-border regulatory and due diligence requirements. The system also aligns with Singapore’s strategic goals to position itself as Asia’s centre for philanthropy.

“As the 2030 deadline for achieving the Sustainable Development Goals draws near,” AVPN shares, “Asia faces an urgent need to bridge a US$1.5 trillion funding gap. However, the majority of donated philanthropic funds only reach 5% of charities and impact organizations, signalling an urgent need for more efficient capital deployment. The impact investing market alone, according to market research, is expected to grow to nearly US$1 trillion in 2027.”

The system will also offer the critically-needed know-your-clients, -business and -impact due diligence resources required for facilitating cross-border philanthropic giving.

“While philanthropists are increasingly keen to contribute more intentionally and effectively, the existing due diligence process remains resource intensive, and knowledge gaps and risk mitigation challenges in cross-border giving are some of the key deterrents that have held back potential donors,” AVPN argues. “The impetus for a transformative system enabling more informed capital deployment towards meaningful change is greater than ever.”

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