The Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) entered into force on February 16, 2005. Under the Protocol, Japan has to make a 6% greenhouse gas (GHG) emission reduction from 1990 levels (an average of 5% for developed countries) in the years between 2008 and 2012 in order to moderate global warming. The developed parties to the Protocol may use the flexibility mechanisms (the Kyoto Mechanisms) through international cooperation, including the Clean Development Mechanism (CDM) and the Joint Implementation (JI), to achieve their targets of GHG emission reductions.
Since 1999, GEC has served as the secretariat for the CDM/JI Feasibility Study (FS) Programme commissioned by the Ministry of the Environment, Japan. The purpose of the programme is to explore promising CDM/JI projects, and to provide the information to project developers and policy makers.