Temasek Trust and World Bank Group Forge Strategic Partnership to Advance Shared Development Priorities
The partnership combines the catalytic capital capabilities, convening platforms, and innovation networks of the Temasek Trust Collective with the World Bank Group's global development expertise, reach, and country-level insights to help promising solutions move from pilot to scale. Both organisations will explore co-financing and innovative financing approaches to mobilise additional resources,…
The Temasek Trust and the World Bank Group have signed a memorandum of understanding (MoU) to form a strategic partnership aimed at leveraging complementary strengths in philanthropy and development finance. This collaboration will focus on advancing shared development priorities in climate and energy, water, agriculture, and health sectors.
Both organizations will explore co-financing and innovative financing approaches to mobilize additional resources. A regional Knowledge Node will be established at Temasek Shophouse in Singapore to facilitate connections between philanthropic partners and World Bank Group expertise, networks, and opportunities. The partnership will tackle three key areas: convening and knowledge exchange, shared knowledge and insights, and coordinating partners and capital towards shared priorities.
In 2027, Temasek Trust will establish a Knowledge Node at Temasek Shophouse to support evidence-building and collaboration, helping promising solutions progress towards wider adoption.
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