World Bank Group launches Philanthropy Hub to mobilise development capital
The initiative is part of a broader effort by the World Bank Group to move successful ideas and pilot projects to scale and encourage greater collaboration among development partners
BANGKOK, October 13, 2026 — The World Bank Group has launched a Philanthropy Hub to strengthen collaboration with philanthropic organisations and mobilise capital, expertise and knowledge for development.
The Hub will serve as a single entry point for philanthropic organisations seeking to work with the World Bank Group, helping identify opportunities for philanthropic capital, innovative solutions and knowledge-sharing.
The initiative is part of a broader effort by the World Bank Group to move successful ideas and pilot projects to scale and encourage greater collaboration among development partners.
The launch comes amid growing development needs and pressure on public resources, with philanthropic organisations increasingly providing not only grants but also investment capital, technical expertise and networks to support development programmes.
Philanthropic organisations are already supporting World Bank Group initiatives, including Mission 300, Health Works and Water Forward.
“As development needs grow and resources come under pressure, partnership matters more than ever,” Paschal Donohoe, Managing Director and Chief Knowledge Officer at the World Bank Group, said.
“Philanthropic organisations bring deep expertise and innovative solutions that align closely with our core missions and jobs agenda. The Philanthropy Hub will connect ideas, resources and partners to take those solutions to scale, and to deliver for people and communities around the world,” he said.
The Hub was launched during the first World Bank Group Philanthropy Forum, held on the sidelines of the World Bank Group-IMF Annual Meetings in Bangkok.
The forum was co-convened by the Asian Venture Philanthropy Network [AVPN], the Institute of Philanthropy, the OECD’s netFWD and the Philanthropy Asia Alliance by Temasek Trust. It brought together more than 200 representatives from philanthropic foundations and networks, family offices, development institutions and other partner organisations.
Two Asian philanthropic networks also signed memoranda of understanding with the World Bank Group during the forum.
Through its regional network, AVPN will connect foundations, social investors and private-sector partners with World Bank Group initiatives. The organisation also announced a dedicated fund to support Health Works through technical assistance.
Health Works is a World Bank Group initiative aimed at helping 1.5 billion people gain access to quality and affordable health services.
Temasek Trust will work with the World Bank Group to develop scalable partnership models, drawing on its experience in mobilising philanthropic capital, convening partners and developing innovative financing approaches.
The partnership will focus on World Bank Group priority initiatives, including AgriConnect, Health Works and Water Forward.
The Philanthropy Hub will also establish a network of Knowledge Partners to support the use of research, data and practical experience in development programmes.
The network includes regional organisations such as the Mo Ibrahim Foundation, Latimpacto, the Philanthropy Asia Alliance and the Centre for Asian Philanthropy and Society.
It also includes strategy and advisory firms such as Boston Consulting Group, Bridgespan, Dalberg and Coefficient Giving, as well as academic and research institutions including the Marshall Institute at the London School of Economics and Indiana University’s Lilly Family School of Philanthropy.
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