THE goal to eliminate poverty by 2030 is a very tall order, one that grapples with an annual funding gap of some US$2.5 trillion over the next 15 years. This is why the The Rockefeller Foundation is stepping into the breach to mobilise capital markets and private investors, and drawing on its heritage of "scientific philanthropy".
The foundation's president Rajiv Shah says partnership with sources of private capital will be key to raising the vast sums needed. "Whether it's a modest project or a much bigger one, the idea is to mobilise tens of billions of dollars of capital to achieve sustainable development goals (SDGs). Our teams in New York, Singapore and Bangkok are constantly innovating with...
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