Basic Concept of the JCM

The Joint Crediting Mechanism (JCM) facilitates diffusion of leading decarbonizing technologies, products, systems, services, and infrastructure as well as implementation of mitigation actions, and contributes to sustainable development of partner countries.
It appropriately evaluates contributions from Japan to GHG emission reductions or removals in a quantitative manner, and Japan uses them to achieve its NDC.
The JCM contributes to the ultimate objective of the UNFCCC by facilitating global actions for GHG emission reductions or removals.

Ex) the JCM scheme between Japan and host country

Recent Developments of the Joint Crediting Mechanism (JCM) (November 2023, Government of Japan)

JCM Partner Countries

As of February 2024, following countries signed the Memorandum of Cooperation for establishing the JCM.

January 8, 2013 Mongolia – Japan

March 19, 2013 Bangladesh – Japan

May 27, 2013 Ethiopia – Japan

June 12, 2013 Kenya – Japan

June 29, 2013 Maldives – Japan

July 2, 2013 Viet Nam – Japan

August 7, 2013 Laos – Japan

August 26, 2013 Indonesia – Japan

December 9, 2013 Costa Rica – Japan

January 13, 2014 Palau – Japan

April 11, 2014 Cambodia – Japan

July 25, 2014 Mexico – Japan

May 13, 2015 Saudi Arabia – Japan

May 26, 2015 Chile – Japan

September 16, 2015 Myanmar – Japan

November 19, 2015 Thailand – Japan

January 12, 2017 Philippines – Japan

August 25th, 2022 Senegal – Japan

August 26th, 2022 Tunisia – Japan

September 5th, 2022 Azerbaijan – Japan

September 6th, 2022 Moldova – Japan

September 13th, 2022 Georgia – Japan

October 10th, 2022 Sri Lanka – Japan

October 25th, 2022 Uzbekistan – Japan

November 18th, 2022 Papua New Guinea – Japan

April 16th, 2023 United Arab Emirates – Japan

July 6th, 2023 Kyrgyz – Japan

October 30th, 2023 Kazakhstan – Japan

February 19th, 2024 Ukraine – Japan