Giving Compass’ Take:
• Centre for Asian Philanthropy and Society released the Doing Good Index 2020 to highlight the role of the social sector in Asia and the potential for greater impact.
• How can funders use this information to guide giving in the region?
• Read about the role of collaboration in the social sector in Asia.
The Doing Good Index 2020 lays bare the vital role of the social sector and how the right policies and practices can unleash an enormous US$587 billion per year towards it.
In the wake of Covid-19, the public, private, and social sectors must come together to work towards a stronger and more equitable Asia as we build our way out of this crisis. At a time when foreign funding is declining across the region, “Asia for Asia” philanthropy must fill the gap—and the Doing Good Index shows how. It provides a roadmap of the policies and practices that can unleash this capital by aligning incentives around doing good; mitigating the trust deficit; and maximizing private social investment flowing to the social sector.
The Index has increased its coverage from 15 Asian economies in 2018 index to a total of 18: Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Myanmar, Nepal, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. It is based on original data gathered through surveying 2,189 social delivery organizations and interviewing 145 country experts across all 18 economies.
Read the full article about the Doing Good Index 2020 at Centre for Asian Philanthropy and Society.
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