Preliminary Selection Result for Financing Programme for JCM Model Projects in FY2016 (1st Announcement for 2nd Call）
Global Environment Centre Foundation (GEC) as a secretariat for Financing Programme for Joint Crediting Mechanism (JCM) Model Projects in FY2016, has been soliciting proposals for the financing programme and is announcing the selection of 3 proposed projects.
The financing programme is still accepting proposals. For more information, please check this page.
Japan establishes and implements the Joint Crediting Mechanism (hereinafter referred to as “JCM”) in order both to appropriately evaluate contributions from Japan to GHG emission reductions or removals in a quantitative manner achieved through the diffusion of low carbon technologies, products, systems, services, and infrastructure as well as implementation of mitigation actions in developing countries.
Starting from Mongolia in January 2013, Japan has established the JCM with 16 partner countries (Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Viet Nam, Lao PDR, Indonesia, Costa Rica, Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar and Thailand) at this moment.
In order to support the implementation of candidate JCM projects, Ministry of the Environment, Japan (hereinafter referred to as “MOEJ”) has launched the “JCM Model Projects (hereinafter referred to as “model project”),” which includes collaboration with projects supported by the Japan International Cooperation Agency and other governmental-affiliated financial institution.
The purpose of this model project is to financially support the implementation of projects which reduce GHG emissions by utilizing leading low carbon technologies in developing countries, and in return 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 5 September 2016. After reviewing proposals and conducting hearing, GEC selected the proposals listed below. GEC will further examine the project contents and provide a notice to the representative participants for the final decision before the proposed projects are implemented.
|Partner Country||Representative Participant||Project Title||Expected CO2 Emission Reductions(tCO2/year)|
|Myanmar||Fujita Corporation||Rice Husk Power Generation in Rice Mill Factory in Ayeyarwady||2,750|
|Mexico||Suntory Spirits Limited||Introduction of Once-through Boiler and Fuel Switching to Tequila Plant||3,435|
|Thailand||CPF JAPAN CO.,LTD.||Introduction of Heat Recovery Heat Pumps to Food Processing Factory||1,171|
・JCM Financing programs by MOEJ (FY2013~2016) as of October 21, 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