Global warming is increasing climate volatility. That means more extreme weather events such as flooding, droughts and fires. How much of a role should the private sector play, through climate tech solutions, in reaching net zero targets compared to the government?
This is one of the themes that Iggy Bassi, founder and CEO of Cervest, talks about in the latest episode of the UKTN Podcast.
Bassi founded London-based Cervest in 2016 after his sustainable farm in West Africa was flattened by strong winds, causing millions of dollars in damage. Cervest’s platform uses AI to bring together disparate climate data and provide businesses and governments with insights about the climate risk to their physical assets. It has secured more than £32m in VC funding and went to market last year.
During the show, Bassi chats to UKTN Podcast host Jane Wakefield about the power and limits of data in combatting global warming. He also shares his journey of launching a startup to provide climate intelligence for the world’s assets, and explains how smart industrial policy can work hand in hand with the private sector to reach net zero.
Elsewhere on the show, the serial entrepreneur explains why investors looking for a “quick flip” should not be in the climate tech sector.
The UKTN Podcast is sponsored by Deazy, a tech-build platform enabling cost-effective, flexible and scalable development services.