Japan and the Republic of Senegal sign the Memorandum of Cooperation for establishing the JCM
On August 25th,2022 , Mr. IZAWA Osamu, Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Senegal and H.E. Mr. Adbou Karim SALL, Minister of Environment and Sustainable Development of the Republic of Senegal, signed the Memorandum of Cooperation on the Joint Crediting Mechanism (JCM) in the Republic of Senegal. As a result, the JCM will be officially launched in the Republic of Senegal, becoming the eighteenth partner country along with Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Viet Nam, Lao PDR, Indonesia, Costa Rica, Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar, Thailand, and Philippines.
Going forward, under the JCM with Senegal, Japan will contribute to the achievement of the NDC (nationally determined contribution) of both countries by leading decarbonizing technologies and infrastructure, etc. in Senegal. In addition, by implementing the JCM as a market mechanism under Article 6 of the Paris Agreement and promoting greenhouse gas emissions reductions and removals on a global scale and sustainable development, Japan will contribute to global decarbonization.
Press release by Ministry of the Environment, Japan