jumps to contents

BOCM Feasibility Studies FY2011

<Dissemination and Promotion of Global Warming Countermeasure Technology>
Feasibility Studies with the Aim of Developing a Bilateral Offset Credit Mechanism FY2011
June 19, 2012

 The Cancun Agreement reached on December 11th 2010 in Cancun, Mexico at the 2010 United Nations Climate Change Conference (COP16), adopted decisions to consider new market-based mechanisms at the seventeenth session of the Conference of the Parties (COP17) at Durban, South Africa from 28 November to 11 December 2011  In this respect, the Japanese government has proposed new market mechanisms to be designed, established, and implemented reflecting the domestic circumstances of individual countries, and introduction of mechanisms not only with centralized governance schemes similar to the Kyoto Mechanisms but also with decentralized governance schemes also to be considered.
 In concert with the Japanese government's initiative above, throughout FY2011, in an effort to establish the Bilateral Offset Credit Mechanism (BOCM), the New Energy and Industrial Technology Development Organization (NEDO) has implemented various Feasibility Studies demonstrating the effectiveness of Japan's excellent low carbon technologies and products in overseas countries and also supporting the exploration and organization of projects leading to substantial GHG emission reduction around the globe. The Feasibility Studies establishes methodologies for assessing business prospects for dissemination and transfer of low carbon technologies, evaluation techniques of emission reduction effects, and conducts researches on financing among other schemes in relation to project implementation, environmental improvement measures, etc. NEDO has conducted 40 Feasibility Studies, which is consisted of 22 Studies for Project Exploration and Planning and 18 Studies for Project Development and Organization through the two times selection. Of the 50 METI (Ministry of Economy, Trade and Industry) Feasibility Study projects, 40 were implemented through close coordination with METI and MoE (Ministry of the Environment).
 The concept, design, system building of new market mechanisms will be further considered. NEDO is confident that the Feasibility Study results of the adopted projects will be fully utilized in these deliberations and that the efforts for implementation will be advanced. This is an introduction of the technologies and outlines of the implemented 40 projects. We are hopeful that it would work to enhance understanding of Japan's pioneering initiatives and will help to deliberate new market based mechanisms and a new framework beyond 2013.

List of the Feasibility Studies

[◆]:Studies for Project Exploration and Planning, [●]:Studies for Project Development and Organization

1. Indonesia :

2. India :

3. Vietnam :

4. Thailand :

5. Malaysia :

6. Bangladesh :

7. Maldives :

8. South Africa :

9. Mozambique :

10. Kenya :

11. Great Rift Valley (Djibouti, Ethiopia, Rwanda) :

12. Poland :

13. Russia :

14. Mexico :

15.Turkey :