Cambodia

Cambodia has an early-stage social economy with significant growth potential given increasing interest from social investors and intermediaries

China

China’s social economy is quickly maturing, with a high concentration of new wealth, a growing number of social investors and recent government commitments to create a conducive ecosystem

Hong Kong

The social economy in Hong Kong is growing rapidly with strong government support, a well-established philanthropic culture and increasing corporate sustainability efforts

India

The Indian social economy is one of the most advanced in Asia, driven by collaborative social investment, a relatively developed impact investing market and an engaged corporate sector

Indonesia

The Indonesian social economy is transitioning from being one largely based on a tradition of religious giving to one growing in its engagement with impact and sustainable investing and green finance

Japan

The social economy in Japan is one of the most mature in Asia driven by professionally managed foundations, increased interest from mainstream investors and innovative investment models

Malaysia

Malaysia’s government agencies and supportive sustainable finance policies, coupled with its status as a leader in Islamic finance, indicate the high growth potential for this developing social economy

Myanmar

Myanmar’s nascent social economy is poised for growth given growing investor interest, a diverse spectrum of incubators and accelerators and an increasingly enabling macro environment

Philippines

The Philippines’ social economy is transitioning to the growth stage, driven by collaborative philanthropy and creative approaches to social funding such as pooled CSR funds

Singapore

Singapore is building on its strong business environment and international attractiveness to establish itself as a regional hub for impact investing, sustainable finance and green finance

South Korea

South Korea’s strong government support for the social economy has led to a well-developed SE ecosystem and prominent government players in green and sustainable bonds

Thailand

Thailand’s social economy is relatively nascent but well-supported by the government, a rich tradition of religious giving and a proactive corporate sector

Vietnam

The Vietnamese social economy is in the early stage, driven largely by impact funds and intermediaries