Results of Sixth Joint Committee of the Joint Crediting Mechanism (JCM) between Japan and Thailand and Seminar on the JCM Implementation in Thailand

The Joint Committee is established on the basis of bilateral document of the JCM, and consists of representatives of Japan and of the partner country, which adopts rules and guidelines of the JCM. It approves methodologies, registers projects and notifies Japan and the partner country of the amount of JCM credits to be issued. This was the sixth Joint Committee meeting between Thailand and Japan, where new JCM rules were adopted, and information was exchanged regarding JCM initiatives and Article 6 of the Paris Agreement. In addition, three new projects planned as “JCM Model Projects” and “Demonstration Programme for Application of New Decarbonizing Technology” were approved in this Joint Committee.
The JCM seminar will be held as shown below aimed to disseminate information about the JCM framework to government agencies and private companies, and included presentations on project details from companies implementing JCM projects. This seminar also includes consultation by Global Environment Centre Foundation (GEC) and Thailand Greenhouse Gas Management Organization (TGO).

(1) Overview
Date: September 23 10:00–12:35 (Japan time 12:00–14:35)
Hosted by: Ministry of the Environment, Japan; Ministry of Natural Resources and Environment, Thailand
Venue: TGO, Thailand (held in a hybrid format)
 
(2) Participants
(Japanese Side)　○：the members present virtually

• Mr. TASAKA Takuro, Embassy of Japan in Thailand (Co-Chair)
• Ms. NUMAJIRI Yumi, Embassy of Japan in Thailand
• Mr. ADACHI Muneki, Ministry of Foreign Affairs　○
• Mr. KOIZUMI Naoki, Ministry of Foreign Affairs　○
• Mr. NAKAYAMA Yuichiro, Ministry of Economy, Trade and Industry
• Mr. IWAMA Tetsuji, Forestry Agency, Ministry of Agriculture, Forestry and Fisheries　○
• IINO Satoru, Ministry of the Environment　○
• KUDO Shunsuke, Ministry of the Environment　○
• UGA Maiko, Ministry of the Environment
• SAKAINO Tatsuya, Ministry of the Environment

and 6 observers and 3 secretariat members
 
(Thailand Side)

• Mr. Thalerngsak Petchsuwan, Ministry of Natural Resources and Environment
• Mr. Pavich Kesavawong, Department of Climate Change and Environment, Ministry of Natural Resources and Environment
• Mr. Watcharin Boonyarit, Department of Alternative Energy Development and Efficiency, Ministry of Energy
• Mr. Romdej Phisalaphong, Department of East Asian Affairs, Ministry of Foreign Affairs
• Dr. Pattanan Tarin, Department of Industrial Works, Ministry of Industry
• Mr. Kittisak Prukkanone, Office of Natural Resources and Environmental Policy and Planning, Ministry of Natural Resources and Environment
• Mr. Rongphet Bunchuaidee, Thailand Greenhouse Gas Organization, Ministry of Natural Resources and Environment
• Dr. Savanit Boonyasuwat Srilerdfah, Federation of Thai Industries

 
(3) Main Agenda and Summary of Results
①  Project Idea Note (PIN) for the JCM track under Premium T-VER
The Joint Committee (JC) considered the draft version of the Project Idea Note (PIN) for the JCM track under the Premium Thailand Voluntary Emission Reduction Program (Premium T-VER) and adopted it.
 
➁   Project Idea Note (PIN) of planned JCM projects
The JC considered the Project Idea Note (PIN) planned JCM project which expects to receive financial support from the Ministry of the Environment, Japan. Upon consideration, the JC approved these projects.
 
・TH_PIN001 “Productivity Improvement of Aluminium Ingots Using High Efficiency Furnace System”
 [Outline of the project]
●This project is to introduce the furnaces that dramatically reduce CO2 emissions in the production of aluminium ingots.
●A new building is being constructed on the site of the existing factory in Rayong Province, Thailand, and the facility will be installed there.
●The features of the melting process introduced in this project make the aluminium ingot production process more efficient and productive compared to conventional methods.
 
・TH_PIN002 “Introduction of Biomass Co-generation System to Chemical Factory”
[Outline of the project]
●The objective of this project is installation of biomass co-generation facility in order to reduce CO2 emission by replacing grid electricity and steam produced by natural gas boiler.
●Biomass co-generation facility will be composed of stoker boiler, steam turbine and a material handling facility for biomass fuel management.
 
・TH_PIN003 “Demonstration Project of Perovskite Solar Cell System in Subtropical Region”
[Outline of the project]
●Verification of durability under subtropical conditions (high temperature, high humidity, and high UV radiation) and air pollution (PM2.5)
●Installation of an electrical system that conforms to standards related to in-house power generation systems in Thailand and verification of maintenance methods:
●Energy Management System (EMS) verification tailored to Thailand's electricity market environment
 
③   Rules and Guidelines
To implement the JCM consistent with Article 6 of the Paris Agreement, the JC considered the draft revision and new proposal of the documents and adopted them.
 
④   Other matters
Both governments exchanged information about submission of Initial Reports consistent with Article 6 of the Paris Agreement, and policy development in each country.
 
Moving forward, JCM projects in Thailand can be implemented based on the adopted rules and guidelines. These rules and the meeting report will be published on the JCM website ( https://www.jcm.go.jp/th-jp/information/521 )in due course.

　
　

(1) Overview
Date: December 19, 2024, 9:00-12:00 Thailand Time (UTC+7)
Organized by: Ministry of the Environment, Japan, Ministry of Natural Resources and Environment, Thailand, Thailand Greenhouse Gas Management Organization (TGO), Global Environment Centre Foundation (GEC)
Venue: The Berkeley Hotel Pratunam
　　　　Mayfair Ballroom C, 11st Floor
　　　　559 Ratchaprarop Road, Makkasan, Ratchathewi, Bangkok 10400 Thailand
　　　　Tel. +66 (0) 2309-9999
　　　　Face-to-face seminar only, no online streaming
Program:

• Opening Remarks
• Information Sharing on the JCM
• Financing Programme and Case Example of the JCM Implementation
• Closing Address

 
(2) Consultation by GEC and TGO & Business Matching via “JCM Global Match”
●Consultation: GEC and TGO will have individual consultations with companies considering applying for JCM Financing Programme after the seminar. The application is available through the registration form of the seminar.
●Business Matching: Through a business matching website, ”JCM Global Match”, a registrant of the website can search and communicate with a potential partner for the JCM Financing Programme. Please sign up for the “JCM Global Match“ website (https://gec.jp/jcm/globalmatch/). For the detailed information, please see here (https://jcm-gm.my.site.com/JCMGlobalMatch/s/how-to-match?language=en_US).
 
(3) Details
Details of the seminar will be available on Global Environment Centre Foundation (GEC) website (https://gec.jp/jcm/news/jcm2024thailand_info/).

Contact
Office of International Carbon Market, Global Environment Bureau, Ministry of the Environment, Japan