Press Release

May 28, 2025
  • Global Environment

Signing of the Memorandum of Cooperation for Establishing the JCM between Japan and United Republic of Tanzania

1.On May 28, 2025, in Tokyo, ASAO Keiichiro, Minister of the Environment of Japan, and H.E. Mr. Hamad Yusuf MASAUNI, Minister of State, Vice President's Office (Union and Environment) of the United Republic of Tanzania signed the Memorandum of Cooperation between the Government of Japan and the Government of the United Republic of Tanzania on the Joint Crediting Mechanism (JCM) (co-signed by H.E. Mr. MIKAMI Yoichi, Ambassador Extraordinary and Plenipotentiary of Japan to the United Republic of Tanzania). As a result, the JCM will officially launch in Tanzania, making it the thirtieth partner country along with Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Viet Nam, Lao PDR, Indonesia, Costa Rica, Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar, Thailand, the Philippines, Senegal, Tunisia, Azerbaijan, Moldova, Georgia, Sri Lanka, Uzbekistan, Papua New Guinea, the United Arab Emirates, Kyrgyz, Kazakhstan, and Ukraine.
 
2.Japan will contribute to the achievement of the Nationally Determined Contributions (NDCs) of both countries by implementing emission reduction projects, etc., in Tanzania through the JCM. In addition, Japan will contribute to global decarbonization by implementing the JCM as a market mechanism consistent with Article 6 of the Paris Agreement, promoting greenhouse gas emission reductions and removals on a global scale, as well as sustainable development.

【Outline of the Memorandum of Cooperation】

  • In order to pursue the Paris Agreement temperature goal and to enhance bilateral cooperation in addressing climate change, the Government of Japan and the Government of the United Republic of Tanzania establish and implement the Joint Crediting Mechanism (JCM). 
  • Both governments mutually recognize that a part of the JCM credits issued from emission reductions and removals under the JCM may be used towards the achievement of Japan's NDC as internationally transferred mitigation outcomes, and that the remaining JCM credits can contribute to achieving the NDC of the United Republic of Tanzania, consistent with the guidance on cooperative approaches referred to in Article 6.2 of the Paris Agreement.
  • Both governments ensure the transparency and environmental integrity of the JCM and maintain it simple and practical.

Contact

Office for the Joint Crediting Mechanism and International Carbon Market, Global Environment Bureau, Ministry of the Environment, Japan
Direct number
+81-3-5521-8246
E-mail
jcm-contact@env.go.jp