Result of Webinar on the Joint Crediting Mechanism (JCM) Implementation in Thailand 2021 – Innovation for Carbon Neutrality through JCM –
Ministry of the Environment of Japan (MOEJ) and the Global Environment Centre Foundation (GEC) in collaboration with Ministry of Natural Resources and Environment of Thailand and Thailand Greenhouse Gas Management Organization (TGO) jointly organized “Webinar on the Joint Crediting Mechanism (JCM*1) Implementation in Thailand – Innovation for Carbon Neutrality through JCM -” on Monday, September 27th, 2021.
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.
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 Thailand was explored.
Related to the webinar, individual meetings were arranged between registrants of the webinar. TGO and GEC had individual consultation with companies considering applying for JCM Financing Programme.
Overview of Webinar
- Date: Monday, September 27th, 2021, 13:00-15:30 Thailand Time (UTC+7), 15:00-17:30 Japan Time (UTC+9)
- Venue: The webinar was held via Zoom.
- Organizers: Ministry of the Environment of Japan, Ministry of Natural Resources and Environment of Thailand, Thailand Greenhouse Gas Management Organization (TGO), Global Environment Centre Foundation (GEC)
- Language: Thai 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. Information Sharing on the JCM Progress:|
Recent development of the JCM (Joint Crediting Mechanism)
Thailand’s Policy for Carbon Neutrality and Expectations for JCM
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 Thailand|
2.5MW Solar Power Project with Blockchain Technology in Chiang Mai University Town Community (2020)
Support for the Realization of Zero Carbon Society to Achieve Thailand 4.0 (City-to-City Collaboration between Osaka City and Eastern Economic Corridor / Bangkok 2019-2021)
Development of Compressor Optimized Operations Service Utilizing IoT and Launch of Demonstration Project in Kingdom of Thailand (Co-Innovation Project 2019)
|Session 4. Closing Address:|
|Business Matching & Consultation with TGO / GEC (Zoom Meeting)|
|■Business Matching: After the day of the webinar, individual meetings were arranged online between the companies that are considering implementing decarbonizing technologies as JCM Model Projects and the companies that can provide relevant technologies.
■Consultation: After the day of the webinar, TGO and 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 here
*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 (such as Australia) 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, Aoyama, A. Takahashi