UBS Launches 3 ‘Collectives’ to Connect Philanthropically Minded Clients

The Climate Collective will develop and implement strategies that mitigate the effects of climate change, sequester carbon emissions employing nature-based solutions, support local community development and improve biodiversity in Southeast Asia and beyond. 

The Accelerate Collective will explore innovative social finance models to unlock more effective funding that will improve the health and education of disadvantaged children in West Africa and Southeast Asia. 

“Wealthy philanthropists are interested in more than just donating money — they want to become advocates for the issues they are passionate about,” Tom Hall, global head of philanthropy services at UBS, said in the statement. “To do that, they want to fully understand the root cause of those issues and work with likeminded individuals and experts to create solutions to address them.” 

UBS’s philanthropy services group will mentor and guide the collective’s members over the course of three years. 

In the first year, each collective will build a framework tailored to its respective philanthropic issue, focused on strategy, implementation and measurement of program impact. 

In the second year, members will travel to the locations relevant to their collective, where they will put what they learned from year one into practice. All three UBS Collectives will then convene through webinars, in-person conferences and further site visits to monitor the progress made by their efforts.