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 Viet Nam.
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 Viet Nam and Japan

Viet Nam and Japan signed a bilateral document for the introduction of the JCM on July 2th, 2013.