Preliminary Selection Result for the Financing Programme for JCM Model Projects in FY2015 (1st Announcement for 2nd Call)
19 Oct 2015
The Global Environment Centre Foundation (GEC) as a secretariat for the Financing Programme for Joint Crediting Mechanism (JCM) Model Projects in FY2015, has been soliciting proposals for the financing programme and is announcing the selection of 1 proposed project.
The financing programme is still accepting proposals. For more information, please check this page.
Japan establishes and implements the Joint Crediting Mechanism (JCM), and its basic concepts are following:
- 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.
In order to support the implementation of candidate JCM projects, Ministry of the Environment, Japan (MOEJ) has launched the “Financing Programme for JCM Model Projects (hereinafter referred to as “financing programme”).” The purpose of this financing programme is to financially support the implementation of projects which reduce CO2 emissions by saving energy and/or introducing renewable energy in developing countries with leading low carbon technologies. In return, this programme seeks to acquire JCM credits for achievement of Japan’s GHG emission reduction target.
Overview of Selected Projects
GEC has been accepting project proposals for the 2nd call since 7 September 2015 and received 1 submission. After reviewing the proposal and conducting hearing, GEC selected the proposal listed below. GEC will further examine the project contents and provide a notice to the representative participant for the final decision before the proposed project is implemented.
|Partner Country||Representative Participant||Project Title||Expected GHG Emission Reductions(tCO2/year)|
|Vietnam||Hitachi Chemical Company, Ltd.||Energy Saving in Acid Lead Battery Factory with Container Formation Facility||
Organization ContactsFor further information, please contact: Attn: Akira Tsuji, Takao Kaibara Financing Programme Group, Tokyo Office Global Environment Centre Foundation (GEC) 4th Floor Hongo Ozeki Bldg., 3-19-4 Hongo Bunkyo-ku, Tokyo 113-0033, Japan E-mail：email@example.com