Very much. We’ve been working with different countries to see what else we can do to encourage a NAB type of a model, the creations of NABs. They tend to be the lead drivers in any form of innovation with respect to social finance and impact investments.
In different places the NAB formation takes different context. What we found that was really exciting, what was happening in Taiwan unlike in other places, is that there is actually very little competing agenda between different sectors. That’s actually a very fertile ground a NAB movement.
Now that you’ve got the initiative on the part of the government to want to create an open culture and risk absorption culture, I think the pieces are good to move it forward. What would be useful is to identify an opportunity to say, "Let’s put theory into action." That would be our next test.
Cost benefit and so forth.
Because when you think about the NABs that have been established now in Asia. There is Australia. There is Korea, India and Taiwan who potentially would want to set one up. I know they have been exploring in China. They’ve been exploring in Singapore.
Among all of these countries, actually, the background and the principles behind, as you say, tends to be generally more utilitarian, the degree in Australia and in India. Taiwan is an opportunity for a different kind of map.
Yes.
We actually partnered up on Asia Tomorrow. We have myself and another AVPN colleague will be speaking...
That’s right. That’s right. It’s really exciting then to just see what else is developing but we’d like to explore just something more long-term about being able to bring the knowledge and experience of Taiwan to other parts of Asia. Likewise, to see if they have any interest and want to also come here and explore more.
I think we will love to keep you apprised about our continuing conversations with other policymakers in other countries. Let’s see if we can also, after Asia Tomorrow, publish some of the case studies that you talked about as well, on our platforms. I think that would be very useful.
Good.
Thank you so much. I’m grateful for your time.
When this is published, I want to click on it. [laughs]
Thank you.