Basic Concept of the Joint Crediting Mechanism (JCM)

The 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 Laos.
It appropriately evaluates contributions from Japan to GHG emission reductions or removals in a quantitative manner, and Japan uses them to achieve its NDC.

Ex) the JCM scheme between Laos and Japan

Laos and Japan signed a bilateral document for the introduction of the JCM on August 7th, 2013.