Preliminary Selection Result for Financing Programme for JCM Model Projects in FY2020 (1st Selection)

On July 6, 2020, the Ministry of the Environment, Japan is pleased to announce that 10 projects were selected in the first selection of the proposals for the Financing Programme for JCM Model Projects in FY2020. The greenhouse gas (GHG) emission reductions through the JCM model projects are expected to accumulate to around 13.7milion tons by 2030. 　Call for proposals has been open for the second selection. 　The ministry will further promote the Joint Crediting Mechanism (JCM) to contribute to global GHG emission reductions through the diffusion of leading low carbon or decarbonizing technologies.

1. Financing Programme for JCM Model Projects

　This programme provides up to 1/2 of the initial cost of a project to be implemented in developing countries which utilizes leading decarbonizing technologies and conducts measurement, reporting and verification (MRV) of GHG emission reductions.

　The purpose of this programme is to reduce GHG emissions in developing countries as well as to achieve the GHG emission reduction target by the Japanese government through the JCM. Moreover, based on the Overseas Development Strategy (Environment) compiled by the Cabinet Office in June 2018, the programme aims to promote overseas development of infrastructure through the diffusion of leading low carbon or decarbonizing technologies.

2. Overview of Selected Projects

　The Global Environment Centre Foundation (GEC) as an implementing organization for the Financing Programme for JCM Model Projects in FY2020 is accepting project proposals for FY2020 from the Japanese entities between Monday, 6 April 2020 and Friday, 30 October 2020.

　After reviewing proposals and conducting hearing, 10 proposals listed below were selected in the first selection.

　The selected projects will be further examined with the contents till the completion of contract of financing before the projects are implemented.

No.	Partner Country	Project Title	Representative Participant	Expected GHG Emission Reduction (tCO2/year)
1	Viet Nam	57MW Solar Power Project in An Giang Province	Kanematsu KGK Corp.	28,208
2	Viet Nam	Introduction of Biomass Co- generation system to Food Factory	DAIICHIJITSUGYO CO., LTD.	24,115
3	Viet Nam	Introduction of Biomass Boiler to Soluble Coffee Manufacturing Plant	Marubeni Corporation	23,908
4	Viet Nam	Introduction of High Efficiency Boiler System to Food Factory	Acecook Co., Ltd.	9,852
5	Viet Nam	Introduction of High Efficiency Air-conditioning System to Hotel in Ho Chi Minh City	Hitachi-Johnson Controls Air Conditioning, Inc	188
6	Lao PDR	14MW Solar Power Project in Vientiane Province and Borikhamxay Province	Kayama Kogyo Co., Ltd.	8,030
7	Indonesia	6MW Mini Hydro Power Plant Project in West Sumatra	NiX Co., Ltd.	18,319
8	Thailand	Introduction of 8.1MW Rooftop Solar Power System in Motorcycle Factory and Fiber Factory	The Kansai Electric Power Company, Incorporated	3,797
9	Thailand	Introduction of Energy Saving Centrifugal Chillers to Machinery Factory	The Kansai Electric Power Company, Incorporated	225
10	Philippines	29MW Binary Power Generation Project at Palayan Geothermal Power Plant	Mitsubishi Heavy Industries, Ltd.	72,200

 

Learn more about the JCM:

https://www.carbon-markets.go.jp/eng/jcm/

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Any questions or comments? Please write to us via MOE-mail.

 

Contact information:

Ryosuke HORIKAWA

Office of Market Mechanisms,

Climate Change Policy Division,

Global Environmental Bureau

Phone: +81-3-5521-8246

 

JCM Financing Programme by MOEJ

For Japanese

Attached File:

• JCM Financing Programme by MOEJ [PDF 191 KB]