The Global Environment Centre Foundation (GEC) as a secretariat for the Financing Programme for Joint Crediting Mechanism (JCM) Model Projects in FY2018, is pleased to announce that the second call for proposals for the financing programme will be published on Monday, 27 August 2018.

Programme Overview

(1) Purpose

　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 17 partner countries (Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Viet Nam, Lao PDR, Indonesia, Costa Rica, Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar, Thailand and Philippines) as of today.

　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 government-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 to acquire JCM credits for achievement of Japan’s GHG emission reduction target.

(2) Who is eligible to participate?

A Japanese entity as a representative participant of an international consortium which is an association (no legal personality) that consists of a Japanese entity and a foreign entity(ies), etc., with the objective of effectively implementing a project.

(3) Implementation Period of Model Projects

The implementation period of the model projects (i.e. the period for installation of facilities and completing all the payment) shall be from the date indicated on the Notice of Contract of Finance until 31 January 2021 at longest. Any contract or purchase order prior to or after this period is not covered by this model project.

(4) Countries of Priority

The model project shall prioritize the following countries that have already established the JCM (as of 23 July 2018):

Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Vietnam, Laos, Indonesia, Costa Rica,
Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar, Thailand and Philippines
(*If other countries establish JCM subsequently, they shall be included.) 

(5) Submission of Proposals

• GEC intends to accept proposals from Monday, 27 August 2018 through 30th November, 2018.
• Please note that the submission period may close before the deadline due to the availability of financial support.

(6) Budget for 2nd Call for Proposals (from FY2018 to FY2020)

Total amount of the budget for 2nd call for proposals is approximately 2 billion Japanese yen for 3 years. 

(7) Information Session / Q&A

• There will be no information session for the 2nd call.
• Questions can be submitted to the organization contact at jcm-info(at)gec.jp with a subject line of “Inquiry: 2nd Call for Proposals.”

(8) Maximum Percentage of Financial Support

Please refer to “Categorization by applied technology type, Number of JCM model project by each country” (23 July 2018) for actual number of already selected projects.