Preliminary Selection Result for Financing Programme for JCM Model Projects in FY2016 (2nd Announcement)
Global Environment Centre Foundation (GEC) as a secretariat for Financing Programme for Joint Crediting Mechanism (JCM) Model Projects in FY2016, solicited proposals for the financing programme and selected 8 projects in 2 countries among 52 proposals.
Japan establishes and implements the Joint Crediting Mechanism (JCM), and its basic concepts are as follows:
- 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 “Financing Programme for JCM Model Projects.” 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 solicited project proposals from 8 April 2016 to 16 May 2016 and received 52 proposals. In addition to 20 projects for the first announcement, GEC selected 8 projects for the second announcement listed below. GEC will further examine the contents of each project and provide a Notice of Contract to a relevant representative participant for the final decision before the project is implemented.
|Partner Country||Representative Participant||Project Title||Expected CO2 Emission Reductions(tCO2/year)|
|Vietnam||YUKO KEISO, CO., Ltd||Introduction of Amorphous High Efficiency Transformer in Northern, Central and Southern Power Grids||under review|
|Vietnam||YAZAKI PARTS CO., LTD||Introduction of Energy Saving Equipment to Automotive Wire Production Factory||682|
|Thailand||NTT DATA INSTITUTE OF MANAGEMENT CONSULTING,Inc||Introduction of 12MW Power Generation System by Waste Heat Recovery for Cement Plant||31,180|
|Thailand||DENSO CORPORATION||Introduction of Co-generation System to Motor Parts Factory||5,904|
|Thailand||KYOWA HAKKO BIO CO. LTD.||Introduction of Energy Saving Refrigerator and Evaporator with Mechanical Vapor Recompression in Amino Acid Producing Plant||2,285|
|Thailand||Sharp Corporation||Introduction of 3.4MW Rooftop Solar Power System to Air-conditioning Parts Factories||1,963|
|Thailand||FINETECH CO., Ltd.||Introduction of 1.5MW Rooftop Solar Power System and Advanced EMS for Power Supply in Paint Factory||1,344|
|Thailand||KANEMATSU CORPORATION||Introduction of Energy Efficient Refrigeration System in Industrial Cold Storage||295|
・JCM Financing programs by MOEJ (FY2013~2016)
For further information, please contact:
Attn: Hiroyuki Saito, Satoru Tango
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