Basic Concept of the JCM

The Joint Crediting Mechanism (JCM) facilitates diffusion of leading low carbon technologies, products, systems, services, and infrastructure as well as implementation of mitigation actions, and contributes to sustainable development of developing countries.
It appropriately evaluates contributions to GHG emission reductions or removals from Japan in a quantitative manner, by applying measurement, reporting and verification (MRV) methodologies, and uses them to achieve Japan’s emission reduction target.
The JCM contributes to the ultimate objective of the UNFCCC by facilitating global actions for GHG emission reductions or removals, complementing the CDM.

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