Hong Kong, 21 November – Talking Philanthropy 2024, hosted by Global Philanthropic under the theme ‘Strategic Philanthropy: The Next Generation’, brought together over 1,000 philanthropists, non-profit leaders, academics, and policymakers to foster open dialogue and chart a bold future for impactful giving.
Featuring prominent figures such as Ban Ki-moon, 8th Secretary-General of the United Nations, Lady Edwina Grosvenor, Chair of the Global Philanthropic Advisory Board and H.E. Badr Jafar, Special Envoy for Business and Philanthropy from the UAE, the the forum spotlighted transformative strategies to empower the next generation of philanthropists.
Delivering the keynote address, H.E. Badr Jafar called attention to the staggering $83 trillion intergenerational wealth transfer expected over the next two decades, stressing the urgency of building stronger networks, governance systems, and data-driven approaches.
H.E. Badr Jafar commented: “As this monumental wealth shifts hands, the next generation of philanthropists holds immense potential to address society’s most pressing challenges, from climate change to economic inequity. By fostering trust, enhancing collaboration, and creating innovative frameworks, we can ensure that philanthropic capital becomes a true force for good.”
In a visionary call to action, H.E. Badr Jafar emphasized the UAE’s role as a catalyst for strategic philanthropy: “The UAE is uniquely positioned to serve as a global philanthropy hub, leveraging its strategic location, vibrant entrepreneurial spirit, and forward-thinking governance. By building world-class networks and infrastructure, we can create an environment where giving thrives, transcending borders and maximizing impact.”
The forum also explored how regions like Asia and the Middle East are shaping the future of global giving. A special session titled ‘Next-Generation Philanthropy in the Middle East’ underscored the UAE’s efforts to align stakeholders—from family offices to academic institutions—under a shared vision for sustainable impact. Speakers highlighted the unique opportunity to empower the next generation of philanthropists with the tools, networks, and governance frameworks necessary to address the world’s most pressing challenges.
H.E. Badr Jafar stressed the importance of robust governance, transparency, and data: “Without evidence and measurable outcomes, even the best intentions fall short. That is why we must prioritize building better philanthropic governance frameworks and invest in data-driven practices to guide impactful decision-making.”
Talking Philanthropy 2024 concluded with a shared commitment to deepen global collaboration across sectors, ensuring that the next generation is equipped with the tools and knowledge to navigate a rapidly evolving philanthropic landscape.
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About Crescent Enterprises
Crescent Enterprises is a leading multinational company, growing diversified global businesses that are sustainable, scalable, and profitable. Headquartered in the United Arab Emirates, with business operations in 15 countries, it operates under four enterprise platforms:
- CE-Operates, an operating business platform, focusing on smart infrastructure as the main driver of economic development and growth.
- CE-Invests, a strategic investment platform investing in late-stage businesses and private equity funds.
- CE-Ventures, a corporate venture capital platform targeting early-stage technology-enabled high-growth businesses and venture capital funds globally.
- CE-Creates, an internal business incubator, building start-ups that are socially and environmentally conscious.
Crescent Enterprises operates with a value system and culture that embraces corporate governance, inclusive growth, and responsible business practices.
