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2/25/25, 3:29 PM WGS: Office Of Developmental Affairs Stresses Importance Of Global Cooperation In Humanitarian Work - UrduPoint
Badr Jafar, Special Envoy for business and Philanthropy, UAE, emphasised during his
remarks at a session titled “Redefining Philanthropy: New Models for Global Impact”,
that philanthropy today must go beyond traditional charity. He highlighted the
importance of investing in long-term, sustainable change by mobilising not only financial
capital but also expertise, innovation, and strategic partnerships.
He underscored that with an estimated US$2 trillion deployed annually in philanthropic
capital and the largest intergenerational wealth transfer in history underway, there is an
unprecedented opportunity to redefine philanthropy’s role in shaping global
development.
The UAE, uniquely positioned, has emerged as a global hub for philanthropic and
humanitarian action. Through its ability to convene diverse stakeholders, foster
collaboration, and support a thriving ecosystem for philanthropy, the UAE is playing a
vital role in amplifying impact and driving systemic progress for future generations.’
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