The 5th Joint Committee of the Joint Crediting Mechanism between Maldives and Japan was held in Male and online. Outcomes of the JC include adoption of revised JCM Rules and Guidelines and designation third party entities. JC also decided to notify both governments of issuance of JCM credits.
Following the decision on issuance of credits made at the Fifth Meeting of the Joint Committee of the Joint Crediting Mechanism (JCM) between Maldives and Japan held on December 16, 2025, both governments completed the first international transfer of mitigation outcomes for JCM credits.
Partner Country: Maldives Project title: Introduction of Smart Mini Grid System at Addu City (MV002) The quantity of ITMOs authorized: 433 tCO2eq Vintage: 01/Jan/2021 - 31/Dec /2022 Entity acquiring JCM credits: Ministry of the Environment, Government of Japan Credit Authentication Number: JCM-MV-JP-209-224-00201, JCM-MV-JP-225-641-00201 Status of Authorization by Partner Country: Authorized