Contribution to NDC implementation through the JCM - Scaling up the JCM under the Paris Agreement -

On 4 September 2019 the Institute for Global Environmental Strategies (IGES), together with the Ministry of the Environment, Japan (MOEJ), organized the JCM side event “Contribution to NDC implementation through the JCM: Scaling up the JCM under the Paris Agreement“ at the Asia-Pacific Climate Week, in Bangkok, Thailand.This coincides with the Ministry of the Environment of Japan (MOEJ)’s collaboration with the World Bank Group (WBG) and the Asian Development Bank (ADB) to enhance implementation of the JCM in developing countries.

At the JCM side event, the MOEJ made a presentation about how the JCM program contributed to Nationally Determined Contributions (NDCs) targets in different countries, future collaboration with the WBG to scale up the JCM program, and updates on the current JCM projects, as well as its financing programs. The WBG described the potential for cooperation with MOEJ on further dissemination of advanced low carbon technologies through the JCM under Article 6, in addition to a carbon pricing partnership and its dissemination to the public. The ADB gave a detailed presentation about the Japan Fund for the Joint Crediting Mechanism, which has been funding several JCM projects in developing countries to improve energy efficiency in water treatment facilities and power transmission lines. The Thailand Greenhouse Gas Management Organization introduced the current progress of JCM projects in Thailand. An IGES researcher’s presentation focused on how JCM projects can contribute to the SDGs in developing countries, and showed linkages between JCM projects and SDGs targets.