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Joint Crediting Mechanism (JCM)

Diffusion of Decarbonizing/Low Carbon Technologies through the JCM Project Development

OECC has implemented the diffusion of leading decarbonizing/low carbon technologies through the Joint Crediting Mechanism (JCM), which contributes to realizing sustainable development pathways in developing countries. The Government of Japan has established and implemented the JCM with 17 partner countries in Asia, Latin America, Middle East, and Africa.

As part of the Japanese Government programme, OECC has supported project development in countries such as Viet Nam, Mongolia, Thailand, Indonesia, Bangladesh, Myanmar, Mexico, Costa Rica, and Chile.

OECC has been successful in materializing mitigation actions for the Financial Support Scheme for JCM Model Projects under the Ministry of the Environment, Japan (MOEJ) as well as for the Japan Fund for the JCM (JFJCM) by the Asian Development Bank (ADB). The following projects were selected by the scheme owners.

Selected
Year
Partner
Country
Representative
Participants
Project Title Expected
GHG
Reductions
(tCO2/year)
2019 Philippines ITOCHU
Corporation
Biogas Power Generation and Fuel
Conversion Project in Pineapple Canneries
52,156
2019 Mongolia Saisan Co.,Ltd. Fuel Conversion by Introduction of LPG
Boilers to Beverage Factory
5,781
2018 Myanmar Global Engineering Co., Ltd. Introduction of 8.8MW Power Generation
System by Waste Heat Recovery for Cement Plant
19,241
2018 Mongolia Ministry of Energy, Mongolia(ADB JFJCM) Upscaling Renewable Energy Sector Project 6,423
2017 Mongolia Sharp Corporation Introduction of 20MW Solar Power System in
Darkhan City
22,927
2017 Indonesia Tokyo Century Corporation Introduction of Absorption Chiller to Chemical
Factory
1,084
2017 Philippines Tokyo Century Corporation Installation of 1.2MW Rooftop Solar Power
System in Refrigerating Warehouse
838
2017 Mongolia Sharp Corporation Introduction of 15MW Solar Power System
near New Airport
18,438
2017 Philippines Tokyo Century Corporation Introduction of 1.53MW Rooftop Solar Power
System in Auto Parts Factories
1,124
2017 Lao PDR Yuko Keiso Co., Ltd., Introduction of Amorphous High Efficiency
Transformers in Power Grid
2,099
2017 Vietnam Yuko Keiso Co., Ltd., Introduction of Amorphous High Efficiency
Transformers in Southern and Central Power
Grids Ⅱ
1,469
2016 Myanmar Ryobi Holdings Co., Ltd. Introduction of Energy Efficient Refrigeration
System in Logistics Center
125
2016 Vietnam Yuko Keiso Co., Ltd., Introduction of Amorphous High Efficiency
Transformer in Northern, Central and Southern
Power Grids
2,098
2016 Thailand FINETECH CO., Ltd. Introduction of 1.5MW Rooftop Solar Power
System and Advanced EMS for Power Supply
in Paint Factory
1,344
2016 Cambodia Asian Gateway Corporation Introduction of 0.8MW Solar Power Generation
in International School
772
2016 Mongolia Farmdo Co., Ltd. Installation of 8.3MW Solar Power Plant in
Ulaanbaatar suburb Farm
10,580
2015 Vietnam Yuko Keiso Co., Ltd. Introduction of Amorphous High Efficiency
Transformers in Southern and Central Power
Grids
4,360
2015 Bangladesh Toyota Tsusho Corporation Installation of High Efficiency Loom at
Weaving Factory
1,518
2015 Mongolia Sharp Corporation 10MW Solar Power Project in Darkhan City 14,746
2015 Mongolia Farmdo Co., Ltd. Installation of 2.1MW Solar Power Plant for
Power Supply in Ulaanbaatar Suburb
2,707
2015 Bangladesh YKK Corporation Introduction of PV-diesel Hybrid System at
Fastening Manufacturing Plant
265

Selected Year 2019
Partner Country Philippines
Representative Participants ITOCHU Corporation
Project Title Biogas Power Generation and Fuel Conversion Project in Pineapple Canneries
Expected GHG Reductions(tCO2/year) 52,156
Selected Year 2019
Partner Country Mongolia
Representative Participants Saisan Co.,Ltd.
Project Title Fuel Conversion by Introduction of LPG Boilers to Beverage Factory
Expected GHG Reductions(tCO2/year) 5,781
Selected Year 2018
Partner Country Myanmar
Representative Participants Global Engineering Co., Ltd.
Project Title Introduction of 8.8MW Power Generation System by Waste Heat Recovery for Cement Plant
Expected GHG Reductions(tCO2/year) 19,241
Selected Year 2018
Partner Country Mongolia
Representative Participants Ministry of Energy, Mongolia(ADB JFJCM)
Project Title Upscaling Renewable Energy Sector Project
Expected GHG Reductions(tCO2/year) 6,423
Selected Year 2017
Partner Country Mongolia
Representative Participants Sharp Corporation
Project Title Introduction of 20MW Solar Power System in Darkhan City
Expected GHG Reductions(tCO2/year) 22,927
Selected Year 2017
Partner Country Indonesia
Representative Participants Tokyo Century Corporation
Project Title Introduction of Absorption Chiller to Chemical Factory
Expected GHG Reductions(tCO2/year) 1,084
Selected Year 2017
Partner Country Philippines
Representative Participants Tokyo Century Corporation
Project Title Installation of 1.2MW Rooftop Solar Power System in Refrigerating Warehouse
Expected GHG Reductions(tCO2/year) 838
Selected Year 2017
Partner Country Mongolia
Representative Participants Sharp Corporation
Project Title Introduction of 15MW Solar Power System near New Airport
Expected GHG Reductions(tCO2/year) 18,438
Selected Year 2017
Partner Country Philippines
Representative Participants Tokyo Century Corporation
Project Title Introduction of 1.53MW Rooftop Solar Power System in Auto Parts Factories
Expected GHG Reductions(tCO2/year) 1,124
Selected Year 2017
Partner Country Lao PDR
Representative Participants Yuko Keiso Co., Ltd.,
Project Title Introduction of Amorphous High Efficiency Transformers in Power Grid
Expected GHG Reductions(tCO2/year) 2,099
Selected Year 2017
Partner Country Vietnam
Representative Participants Yuko Keiso Co., Ltd.,
Project Title Introduction of Amorphous High Efficiency Transformers in Southern and Central Power Grids Ⅱ
Expected GHG Reductions(tCO2/year) 1,469
Selected Year 2016
Partner Country Myanmar
Representative Participants Ryobi Holdings Co., Ltd.
Project Title Introduction of Energy Efficient Refrigeration System in Logistics Center
Expected GHG Reductions(tCO2/year) 125
Selected Year 2016
Partner Country Vietnam
Representative Participants Yuko Keiso Co., Ltd.
Project Title Introduction of Amorphous High Efficiency Transformer in Northern, Central and Southern Power Grids
Expected GHG Reductions(tCO2/year) 2,098
Selected Year 2016
Partner Country Thailand
Representative Participants FINETECH CO., Ltd.
Project Title Introduction of 1.5MW Rooftop Solar Power System and Advanced EMS for Power Supply in Paint Factory
Expected GHG Reductions(tCO2/year) 1,344
Selected Year 2016
Partner Country Cambodia
Representative Participants Asian Gateway Corporation
Project Title Introduction of 0.8MW Solar Power Generation in International School
Expected GHG Reductions(tCO2/year) 772
Selected Year 2016
Partner Country Mongolia
Representative Participants Farmdo Co., Ltd.
Project Title Installation of 8.3MW Solar Power Plant in Ulaanbaatar suburb Farm
Expected GHG Reductions(tCO2/year) 10,580
Selected Year 2015
Partner Country Vietnam
Representative Participants Yuko Keiso Co., Ltd.
Project Title Introduction of Amorphous High Efficiency Transformers in Southern and Central Power Grids
Expected GHG Reductions(tCO2/year) 4,360
Selected Year 2015
Partner Country Bangladesh
Representative Participants Toyota Tsusho Corporation
Project Title Installation of High Efficiency Loom at Weaving Factory
Expected GHG Reductions(tCO2/year) 1,518
Selected Year 2015
Partner Country Mongolia
Representative Participants Sharp Corporation
Project Title 10MW Solar Power Project in Darkhan City
Expected GHG Reductions(tCO2/year) 14,746
Selected Year 2015
Partner Country Mongolia
Representative Participants Farmdo Co., Ltd.
Project Title Installation of 2.1MW Solar Power Plant for Power Supply in Ulaanbaatar Suburb
Expected GHG Reductions(tCO2/year) 2,707
Selected Year 2015
Partner Country Bangladesh
Representative Participants YKK Corporation
Project Title Introduction of PV-diesel Hybrid System at Fastening Manufacturing Plant
Expected GHG Reductions(tCO2/year) 265

List of selected projects under MOEJ’s JCM Support Programme with the support from OECC (as of 15 May 2020)
(Edited by OECC, based on announcement by Global Environment Centre Foundation:GEC Website)

Information Platform on the JCM

OECC has been disseminating the basic concept and updates of the JCM through the website Carbon Markets Express, which is funded by the MOEJ The Platform also operates helpdesk to respond to inquiries from business entities.

OECC has participated in climate change conferences such as UNFCCC’s Conference of the Parties (COP) and the Asia Pacific Carbon Forum. In such conferences OECC has co-organized side events with MOEJ, GEC and Institute for Global Environmental Strategies (IGES), inviting JCM partner countries such as Indonesia, Viet Nam, Palau, and Thailand, to introduce information on the achievements and progress of the JCM.

COP21 Side Event Dec. 2015 (Paris, France)

The Video Coverage by International Institute for Sustainable Development (IISD) Reporting Service is available at:http://www.iisd.ca/videos/climate/unfccc-cop21/joint_crediting_mechanism/