Overview of the Joint Crediting Mechanism (JCM)

Japan establishes and implements the JCM in order both to appropriately evaluate contributions from Japan to GHG emission reductions or removals in a quantitative manner achieved through diffusion of low carbon technologies, products, systems, services, and infrastructure as well as implementation of mitigation actions in developing countries, and to use them to achieve Japan’s emission reduction target.

Basic concept of the JCM

  • Facilitating diffusion of leading low carbon technologies, products, systems, services and infrastructure as well as implementation of mitigation actions, and contributing to sustainable development of developing countries;
  • Appropriately evaluating contributions from Japan to GHG)emission reductions or removals in a quantitative manner, and use them to achieve Japan’s emission reduction target;
  • Contributing to the ultimate objective of the UNFCCC by facilitating global actions for GHG emission reductions or removals.

Figure 1. The JCM scheme between Japan and host country

JCM Procedures

Figure 2. Project Cycle of the JCM and the CDM

Progress of the JCM in each partner country

Japan has signed bilateral agreements with 17 countries to start JCM (as of June 2019).

Partner Countries Start from No. of Approved Methodologies No. of Registered Projects No. of Projects under JCM Financing Programme by MOEJ
JCM Model Projects ADB-Funded Projects REDD+ Model Projects F‐Gas Recovery and Destruction Model Projects Total
Mongolia Jan. 2013 3 5 8 2     10
Bangladesh Mar. 2013 3 3 5 1     6
Ethiopia May 2013 3           0
Kenya Jun. 2013 3   2       2
Maldives Jun. 2013 1 1 2 1     3
Viet Nam Jul. 2013 15 14 22     1 23
Lao PDR Aug. 2013 3 1 3   1   4
Indonesia Aug. 2013 22 20 32   1   33
Costa Rica Dec. 2013 3   2       2
Palau Jan. 2014 1 3 5       5
Cambodia Apr. 2014 2 1 4 1     5
Mexico Jul. 2014 1   7       7
Saudi Arabia May 2015 1 1 1       1
Chile May 2015 1 1 3       3
Myanmar Sep. 2015 1   7       7
Thailand Nov. 2015 9 6 30     1 31
Philippines Jan. 2017     11       11
Total 17 Countries 72 56 144 5 2 2 153

(Attachment)

Projects/ Studies