The University of Cambridge Judge Business School has launched a new centre to focus on strategic philanthropy in emerging markets.
The new Centre for Strategic Philanthropy said it would examine responses to the coronavirus crisis by philanthropists and foundations in high-growth markets, including Africa, developing Asia and the Middle East, and the lasting impact of the pandemic on how philanthropy is practised in and from these markets in the future.
The centre, which aims to be a leading hub of actionable knowledge to “catalyse even greater philanthropic impact” from the world’s fastest-growing regions, will also research the output of philanthropic investments and assess the nature of interventions that bring about systemic sustainable change.
Clare Woodcraft, executive director of the Centre for Strategic Philanthropy, said: “Around the world, philanthropy is mobilising to fund measures against Covid-19. Such efforts are more important than ever with the pandemic threatening to wipe trillions off the global economy.
“But faced with such wicked problems, funding, while necessary, is just the starting point. Global giving needs to be effective, measurably impactful and scalable if entrenched global problems such as pandemics are to be successfully tackled.”