Result of Webinar on the Joint Crediting Mechanism (JCM) Implementation in Chile – Innovation for Carbon Neutrality through the JCM –
Ministry of the Environment of Japan (MOEJ) and the Global Environment Centre Foundation (GEC) in collaboration with Government of Chile and Nippon Koei Co., Ltd. jointly organized “Webinar on the Joint Crediting Mechanism (JCM*1) Implementation in Chile – Innovation for Carbon Neutrality through JCM -” on Wednesday, February 2nd, 2022.
Government of Japan is promoting dissemination of advanced decarbonizing technologies through the Financing Programme for JCM Model Projects*2. The webinar was participated by government officials and business leaders from both countries, and it aimed at sharing overview and progress of JCM and facilitating project development and scaling up those future projects.
Furthermore, as countries around the world aim to be carbon-neutral, innovation is the key to realizing a decarbonized society, in addition to thorough energy conservation and the introduction of renewable energy.
This webinar introduced “Financing Programme for JCM Model Projects”, “Financing Programme to Demonstrate Decarbonization Technology for Realizing Co-Innovation”*3 and “Pilot Project for Comprehensive Support throughout the Whole Hydrogen Supply Chain Abroad”*4 started this fiscal year as well as good examples of each project. Through these, the path to a post-corona decarbonized society in Chile was explored.
Related to the webinar, GEC had individual consultation with companies considering applying for JCM Financing Programme.
Overview of Webinar
- Date: Wednesday, February 2nd, 2022, 9:30-11:50 Chile Time (UTC-3), 21:30-23:50 Japan Time (UTC+9)
- Venue: Zoom
- Organizers: Government of Chile, Ministry of the Environment of Japan, Nippon Koei Co., Ltd., Global Environment Centre Foundation (GEC)
- Language: Spanish and English (Simultaneous interpretation)
- Moderator: Ms. Kaoru YAMAGUCHI, Assistant Manager, Financing Programme Group, Tokyo Office, Global Environment Centre Foundation (GEC)
|Session 1. Opening Remarks:|
|Session 2. Recent Information Sharing on the JCM Implementation:|
Recent Development of the JCM
Financing Programme for JCM Model Projects and JCM Global Match
Financing Programme to Demonstrate Decarbonization Technology for Realizing Co-Innovation and Pilot Project for Comprehensive Support throughout the Whole Hydrogen Supply Chain Abroad
|Session 3. JCM Implementation in Chile|
Project to Promote SDGs Future City with Renca, Santiago (City-to-City Collaboration between Renca Municipality and Toyama City, 2021) and JCM Project Development in Chile
|Session 4. Closing Address:|
|Consultation with GEC (online)|
After the day of the webinar, GEC had individual consultation online with companies who would like to ask questions related to Financing Programme for JCM.
*1 JCM stands for the Joint Crediting Mechanism, and it is a bilateral cooperation mechanism that developing countries and Japan collaborate
on GHG emission reductions projects and share the reduction result.
For further information, please refer to the official website of JCM
*2 In order to support the implementation of candidate JCM projects, Ministry of the Environment, Japan has launched the “JCM Model Projects”.
The purpose of this model project is to financially support the implementation of projects which reduce GHG emissions by utilizing leading
decarbonizing technologies in developing countries, and in return seeks to acquire JCM credits for achievement of Japan’s GHG emission
*3 “Financing Programme to Demonstrate Decarbonization Technology for Realizing Co-Innovation” aims to create innovation beneficial for both
Japan and developing countries through collaboration (co-innovation). The purpose of this financing program is creating a zero-carbon
society through renovation and dissemination of high quality decarbonizing technologies and products, which are some of Japan’s strength,
by means of systemization and packaging of multiple technologies, and by encouraging uptake of such technologies, in addition to bringing
benefits to the technology developers in Japan as a result.
*4 “Pilot Project for Comprehensive Support throughout the Whole Hydrogen Supply Chain Abroad” will subsidize a part of the demonstration project
to produce hydrogen derived from renewable energy in third party countries where renewable energy is abundant such as
solar power generation and wind power generation and to transport and utilize in partner countries (such as Pacific Island countries).
Global Environment Centre Foundation (GEC)
Attn: Tanabe, A. Takahashi, Aoyama