ENGLISH

Handbook for Developing Joint Crediting Mechanism Projects

By Asian Development Bank

Book information

Publisher
Asian Development Bank Institute
Year
2016
ISBN
9789292577186, 9789292577179
Language
english
Format
EPUB
Filesize
8 MB (8778829 bytes)
Edition
1
Pages
131\0
Time added
2023-08-18 13:05:07

Description

The Joint Crediting Mechanism (JCM) is an emerging project-based bilateral offset crediting mechanism initiated by the Government of Japan to facilitate implementation of advanced low-carbon technologies for mitigating greenhouse gas (GHG) emissions in host countries. The Government of Japan has signed bilateral agreements with 16 countries for implementing JCM projects, including 10 developing member countries of the Asian Development Bank. As of September 2016, four of 15 projects registered as JCM projects have been issued JCM credits. JCM credits may be used to meet respective GHG emission reduction targets of relevant governments and project participants. This handbook provides project participants and stakeholders the procedural steps of JCM project development cycle leading up to the issuance of JCM credits.

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