Who We Are
Asia Engine for Net Zero Institute Inc. (AENZ) is a Finance Mobilization and Capacity Enhancement non-profit at the forefront, and in the intersection, of Energy Transition and Corporate Decarbonization in emerging markets like the Philippines and beyond.
Asia Engine for Net Zero Institute Inc. (AENZ) is a duly registered non-profit headquartered in Manila dedicated to an inclusive, responsive, and sustainable net-zero future through advisory and partnerships services in the development of innovative finance platforms, implementation of sustainable finance policies, enhancement of professional skills to advance the green energy transition, and acceleration of corporate decarbonization actions.
AENZ was conceived through a rigorous, data-driven process, highlighting the critical need for extensive stakeholder consultations. This initiative was an effort to create an institution capable of accelerating transaction flows and overcoming financial barriers essential for decarbonization and energy transition. With a focus on the Philippines and Southeast Asia, AENZ is committed to driving sustainable systemic change that yields economic, environmental, and social co-benefits.
FOUR ENGINES
AENZ is dedicated to ensuring an INCLUSIVE, RESPONSIVE, and SUSTAINABLE ENERGY TRANSITION through four core operational engines.
- Finance Mobilization
- Implementing Sustainable Finance Policies
- Enhanced Capacity of New Experts
- Leveraging Corporate Participation
Engine 1
Finance Mobilization
AENZ is focused on mobilizing finance for innovative RE projects, with a special emphasis on agrivoltaics. Agrivoltaics is a dual-purpose solution that combines agricultural production with solar energy generation, making it an ideal approach in regions where land use conflicts are a challenge. The organization is working to develop both Greenfield (new installations) and Brownfield (expanding existing solar projects) agrivoltaic projects, showcasing their feasibility and scalability to investors.
Engine 2
Implementing Sustainable Finance Policies
AENZ recognizes the essential role that financial institutions play in driving the energy transition. However, many banks, particularly thrift and rural banks, lack the capacity and expertise to develop sustainable finance products that can meet the demand for RE solutions. Through this Engine, AENZ aims to provide targeted technical assistance to these institutions, enabling them to create and implement sustainable finance products in alignment with regulatory mandates, such as the sustainable finance framework and the Revised Agri-Agra Law.
Engine 3
Enhanced Capacity of New Experts
AENZ empowers emerging leaders and industry players with essential skills in cutting-edge topics such as Greenhouse Gas (GHG) accounting, Science Based Targets initiative (SBTi) implementation, and clean energy finance through a dynamic web-based upskilling platform and mentoring program. Our aim is to cultivate expertise that directly contributes to energy finance and corporate decarbonization initiatives.
Engine 4
Leveraging Corporate Participation
AENZ leverages corporate action to accelerate RE-first energy transition by identifying gaps in existing initiatives and corporate barriers to sustainability adoption, collaborating with stakeholders to design interventions for synergy and identifying ways to advocate for supportive policies to accelerate corporate decarbonization, and facilitating corporate-policymaker engagement for decarbonization collaboration.