About The Mechanism

Basic Concept of the Joint Crediting Mechanism (JCM)

The JCM facilitates diffusion of leading low carbon technologies, products, systems, services, and infrastructure as well as implementation of mitigation actions, and contributing to sustainable development of Viet Nam.
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.

Ex) the JCM scheme between Viet Nam and Japan

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

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