JCM
The JCM is a system to cooperate with developing countries for reducing greenhouse gas emissions, in which the result of reduction is assessed as contribution by both partner countries and Japan.
Overview
* MOEJ : The Ministry of Environment, Japan
Concept
Project owner in a Partner Country, is able to introduce leading low-carbon technologies at lower cost, owned & thoroughly managed project facility, contribute to SDGs and promotes ESG.
Asian Gateway Corporation (AG) disseminates specialized know-how for the implementation of JCM and contribute to efficient technology transfer to partner country.
Criteria
JCM Basic Criteria
The Project will
- Reduce energy-related CO2 emissions by using leading low carbon/decarbonizing technologies
- Contribute to achieving Japan’s GHG emission reduction target through the JCM
- Contribute to sustainable development in the partner country
- Comply with the relevant laws and regulations of the partner country
- Comply with the international practices and guidelines regarding enviromental protection
- Monitor the operation and reduction of GHG emissions achieved and the reduction can be quantitatively calculated and verified
- Not receive any other subsidy from the Government of Japan (also any registered JCM project cannot be used for other international climate mitigation mechanism to avoid double counting)
- And the project implemented by an International Consortium that will consist of a Japanese entity (the representative participant) and local in-country partner entity(s)