Press Release

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

July 6, 2020

 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/

Follow us on Twitter: MOEJapan Climate Action https://twitter.com/MOEJ_Climate

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

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