Biz Buzz: Startups for climate resiliency

Nonprofit DEVCON Philippines wants to build a network of 100 startups developing technological solutions to promote climate resiliency in the Philippines within the next two to three years.

The group is realizing this goal with the Department of Science and Technology and De La Salle University. The tripartite collaboration, which will give rise to Climate Resilience Technology (CRest) network, was formalized earlier this week.

CReST will focus on renewable energy and disaster resilience, among others.

“The climate crisis is a race against time, and technology is our fastest vehicle to win. Through CReST, we are not only protecting our communities but also establishing the Philippines a leader in climate tech,” DEVCON founder Winston Damarillo said.

DLSU president Bernard Oca, meanwhile, said they would “provide expertise in research commercialization, venture creation and other support services to ensure that the climate solutions that we create can help prevent losses of income, time and productivity.”