About The Mechanism
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
JCM Partner Countries
As of September 2015, following countries signed bilateral documents for introducing 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
