Joint Crediting Mechanism（JCM)
Technology / Service Summary
JCM is a programme that provides financial support for renewable energy projects and energy-saving equipment, and shares GHG emission reductions from the project.
Purpose
1 is to financially support the implementation of projects which can reduce GHG emissions by using leading decarbonizing technologies in partner countries.
2 is to acquire JCM credits for achievement of Japan’s GHG emission and Partner’s country reduction target.
Feature
This programme covers the costs of equipment ,which directly contributes to energy-related CO2 emission reductions up to 50%.
Effect
1.Specific contribution methods to the green house gas emission reduction targets of each country set forth in COP26.
2.Reducing your investment fee.
Controlled Substance
Applicable Regions / Countries
- Southeast Asia
- ASEAN countries
Indonesia,Cambodia,Singapore,Thailand,Philippines,Brunei Darussalam,Viet Nam,Malaysia,Myanmar,Lao PDR
Accomplishments
We have 2 JCM projects in Southeast Asia.
One is " 106 MW solar power project in An Giang Province , Vietnam.(2019,2020)
The other is "Introduction of 0.8MW Solar Power System and High Efficiency Refrigerator to Food Factor in Thailand."(2018)
Related SDGs Goals
- 4. Quality Education
- 5. Gender Equality
- 7. Affordable and Clean Energy
- 9. Industry, Innovation and Infrastructure
- 10. Reduced Inequality
- 11. Sustainable Cities and Communities
- 13. Climate Action
- 15. Life on Land
- 17. Partnerships to achieve the Goal
JCM Project
49MW Solar Power Project in An Giang Province(2019) / 57MW Solar Power Project in An Giang Province(2020)
Notes
JCM is a programme that provides financial support for renewable energy projects and energy-saving equipment, and shares GHG emission reductions from the project.
