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1. Background |
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The Kyoto Mechanisms including CDM and JI contribute to the
sustainable development of developing countries and countries with economy
in transition, while helping Annex I countries achieve its objectives
under the Kyoto Protocol, through the effective use of advanced
energy/environmental technologies and financing mechanisms of the
developed countries. With this understanding, the Japanese government has
been undertaking programs to encourage private sectors participation by
way of such as financial assistance with CDM/JI projects, capacity
building, and development of educational materials. As a result, fifteen
projects have been approved by the Japanese government. With the entry
into force of the Kyoto Protocol just around the corner, however, it will
be of great benefit to foster understanding on various host countries'
systems of CDM/JI by the Japanese carbon investors, as well as to
communicate on their interests to the host country governments, in order
to enhance the momentum towards realization of CDM/JI projects. |
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