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APAC Sustainability Seed provides $3M funding to 13 Sustainability Innovators

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At the Southeast Asia Development Symposium (SEADS) 2023 of the Asia Development Bank, 13 non-governmental organisations (NGO) grantees of the Asia-Pacific Sustainability Seed fund were chosen by the Asian Venture Philanthropy Network (AVPN), a network of social investors.

The Asian Development Bank and Google's philanthropy arm have contributed $3 million to the initiative (ADB). The fund was announced in June of last year as a method to encourage sustainable development in the area and assist cutting-edge technological solutions to tackle climate change. According to a statement from AVPN, it seeks to strengthen local impact organisations and promote change in the areas they serve.

Michaela Browning, Vice President, Government Relations and Public Policy for Asia-Pacific, Google, stated, "We hope to motivate other organisations to step forward, and help grassroots changemakers across the region."

Around 600 varied members from 33 markets make up AVPN. By empowering members to direct more resources financial, human, and intellectual toward effect, it aims to close the SDG gaps in Asia.

Dini Indrawati, Indonesian Country Director at AVPN, this fund enables the most cutting-edge non-profit sustainability programmes to support vulnerable and underserved people across eight markets in adapting to and reducing the negative consequences of climate change.

Indrawati continued, "Local impact organisations are creating novel climate measures utilising technology like AI, which when combined with their local knowledge is establishing sustainability practises that are really successful and adapted to the particular demands of markets in the Asia-Pacific.