Tycoons tapped to boost domestic energy resiliencyhome/Business/Top Business/Tycoons tapped to boost domestic energy resiliencyTHE Department of Energy (DoE) is boosting its energy resiliency efforts in the Philippines by tapping business tycoons. Under the MoU, both parties agreed to regularly hold a dialogue and develop activities towards energy resiliency, conduct joint exercises to test disaster response protocols, and engage other sectors in disaster risk reduction and climate change adaptation. “I am proud to say that prior to the issuance of the ERP, the energy sector has already been proactive in developing resiliency measures,” Cusi said. Cusi said a country’s energy sector is only as strong as the weakest link in the energy chain. The P750-million fund will be initially taken from the National Disaster Risk Reduction and Management Fund (NDRMMC).

Source: Manila Times November 28, 2018 16:18 UTC