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JCM Feasibility Studies and Demonstration Projects FY2013

<Dissemination and Promotion of Global Warming Countermeasure Technology>
Feasibility Studies and Demonstration Projects with the Aim of Developing a Joint Crediting Mechanism FY2013
November 11, 2013

In order to effectively address the issue of climate change and to contribute to the global reduction of GHG emission, the Japanese government has been proposing the “Joint Crediting Mechanism (JCM)” as one of the Framework for Various Approaches (FVA) under the United Nations Framework Convention on Climate Change (UNFCCC).

JCM aims to contribute to the sustainable development of developing countries by facilitating diffusion of leading low carbon technologies and implementing mitigation actions. Japan has held consultations with developing countries since 2011and has succeeded in signing bilateral documents with 8 countries.

In relation to such movement, the New Energy and Industrial Technology Development Organization (NEDO) has implemented various Feasibility Studies throughout FY2012. These Feasibility Studies not only reveal the effectiveness of low carbon technologies but also aims to explore how these technologies could be disseminated in countries outside of Japan. This year we have additionally adopted 5 studies.

The main purpose of conducting these Feasibility Studies is to establish methodologies for evaluation techniques of emission reduction effects, assessing business prospects for dissemination and transfer of low carbon technologies, and conducting research on financial feasibility in disseminating the featured technology.

Demonstration Projects, launched in FY2013, takes a step further by implementing the actual technology and measures the amount of emission reduction in a quantitative manner, by applying measurement, reporting and verification methodologies. These projects will be registered and verified as JCM Projects.

By conducting Feasibility Studies and Demonstration Projects, NEDO aims to disseminate low carbon technologies that many Japanese companies have acquired, thereby ultimately contributing to the objective of the UNFCCC to reduce GHG emissions.

List of Feasibility Studies and Demonstration and Verification Projects

  • [◆]: Feasibility Studies for Project Exploration and Planning
  • [●]: Feasibility Studies for Project Development and Organization
  • [□]: Demonstration and Verification Projects