ENET was presented in an initiative funded by the Ministry of Environment Japan. An electrical engineer, Osama’s startup ENENT has built a solid-state load balancer that can save households 20-25 percent on their electricity bills with virtually no impact on the user.
The 2020 winners of a UN Environment Programme (UNEP) start-up initiative are demonstrating business solutions that will help Asia build back better and greener after the COVID-19 pandemic.
An electrical engineer by training, Osama’s startup ENENT has built a solid-state load balancer that can save households 20-25 percent on their electricity bills with virtually no impact to the consumer.
The result is not only a welcome financial saving for household owners in Pakistan – it’s beneficial for the environment, cutting the carbon footprint of one of the largest contributors to climate change – buildings.
COVID-19 has brought about an unprecedented halt to many human activities, including some that have wreaked significant damage on environmental systems in Asia,” said Dechen Tsering, UNEP’s Regional Director for Asia and the Pacific.
“Lessons learned from the management of this crisis provide an opportunity to both revisit our relationship with nature and rebuild a more environmentally responsible economy. Entrepreneurs in Asia stand ready with innovative business solutions that work for economic recovery and the environment. The Asia Pacific Low Carbon Lifestyles Challenge will help them overcome systemic barriers that innovations usually face, with grants, partnerships, training, and visibility.”
In support of entrepreneurs experiencing downtime during the lockdown, UNEP will make the eight-week startup Bootcamp online, and free to all interested entrepreneurs.
This is an initiative funded by the Ministry of Environment Japan, as part of the One Planet network (the network of the 10 Year Framework of Programmes on Sustainable Consumption and Production (10 YFP)). Partners include the Asia Pacific Roundtable on Sustainable Consumption and Production, Massive Earth Foundation, the Institute for Global Environmental Strategies, Mitsui Chemicals International, and GCL Power.