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Candidate Projects Selected for Feasibility Studies on behalf of the JCM-Support for Participation in JCM Projects by the 15 Signatory Countries of the JCM

To establish the Joint Crediting Mechanism (JCM), the Ministry of Economy, Trade and Industry (METI) called for the submission of candidate projects for feasibility studies (FSs). It has selected nine candidate projects through a fair examination conducted by an external third-party committee.
In this particular call for submissions, two studies for disseminating Carbon dioxide Capture and Storage (CCS) technology in Mexico were adopted, and studies that contribute to the promotion of emission reductions in developing countries through Japan’s advanced low-carbon technology (such as support for the discovery of JCM projects in the Middle East, and the promotion of introduction of energy-saving technology into the steel industry in India) were selected as successful candidate projects.
Through various efforts including those mentioned above, METI will continue to promote the JCM.

1. Global Warming Mitigation Technology Promotion Project

The Government of Japan has promoted the establishment of the JCM with developing countries, aiming to proactively encourage the dissemination of excellent low-carbon technology and other Japanese exports, so as to promote measures for global warming mitigation worldwide.

This Project is to reveal the usefulness of the JCM as well as Japan’s low-carbon technology and products by providing support, such as recommendations on policies, to any country that may agree to establish the mechanism or proposal of a project scheme for the dissemination of low-carbon technology or products.

This time, METI called for the submission of candidate projects while establishing themes regarding CCS technology in Mexico and technology on waste-heat recovery in industries in which a large amount of energy is consumed in India, as strategic and prioritized fields. It has also selected successful candidate projects in the signatory countries of Indonesia, Cambodia, Viet Nam, Mexico, and Saudi Arabia, and in non-signatory countries and projects in Iran, India, and Thailand.
METI also adopted two studies for disseminating CCS technology in Mexico, and it selected FSs concerning the support for the discovery of JCM projects in the Middle-East and for promoting the introduction of energy-saving technology into India’s steel industry as successful candidate projects.

2. Selection process and result

Invitation period: From July 24 (Fri.), 2015 to August 25 (Tue.), 2015
Number of applications: 21
Selected candidate project: 9 projects

3. Details of the successful candidate project

Companies Proposed project Target country for the Project
Mizuho Research Institute LTD. Study for promoting the JCM in Iran Iran
Nidec Corporation Feasibility study for JCM projects through the promotion of mass dissemination of high-efficiency solar pump systems for irrigation in the field of agriculture India
Deloitte Tohmatsu Consulting Co., Ltd. Feasibility study for JCM projects through the introduction of energy-saving technology into India’s steel industry India
Japan Coal Energy Center, Mizuho Information & Research Institute, Inc., and Yamato Sanko MFG. Co., Ltd. Feasibility study on the Reduction of Global Warming Gases through torrefaction systems in which Indonesian biomass is used Indonesia
Asics Corporation and My Climate Japan. Co., Ltd. Feasibility study for JCM projects on the improvement of energy saving in plants through the introduction of energy management systems (EMSs) into Cambodia and Viet Nam Cambodia, Viet Nam
Mizuho Information & Research Institute, Inc. Introduction of energy-saving equipment into the seawater desalination project Saudi Arabia
JFE Techno-Research Corporation and JFE Steel Corporation Feasibility study for JCM projects through the introduction of energy-saving technology into plants that manufacture thin steel sheets Thailand
The Japan Research Institute, Limited Mitsubishi Heavy Industries, Ltd., and INPEX Corporation Feasibility study on carbon dioxide capture and storage (CCS), and enhanced oil recovery (EOR) in southern Mexico Mexico
Mitsui & Co., LTD. and Mitsubishi Research Institute, Inc. Deliberation on the feasibility of CCS in onshore oil fields Mexico

4. For future expansion of the JCM

In 2015, Japan and the Republic of the Union of Myanmar (the third country to become a JCM signatory country, following Saudi Arabia and Chili), agreed to establish the JCM, and the number of JCM signatory countries has since increased to 15 because METI has been steadily progressing toward achieving the goal it formulated as part of the Proactive Diplomatic Strategy for Countering Global Warming in October, 2013, which was to “double the current number of JCM signatory countries, which is eight, over the next three years.”

METI will continue to promote JCM’s support for participation in JCM projects by the signatory countries as well as for further increasing the number of signatory countries through efforts such as the Project.

(Reference 1) Proactive Diplomatic Strategy for Countering Global Warming (November 15, 2013)
http://www.mofa.go.jp/press/release/press3e_000007.html External Site Link

(Reference 2)
On September 11, 2015, METI and the State Government of Maharashtra, India signed a Memorandum of Cooperation (MOC) on Industrial Cooperation. In the Memorandum, both sides shared their intention to explore opportunities to develop a Smart City focusing on energy efficiency. In response to this, on September 25, 2015, METI began to conduct the second call for submissions of candidate projects for the Project.

(METI Concluded an MOC with the State Government of Maharashtra, India on Industrial Cooperation (dated September 11, 2015))
http://www.meti.go.jp/english/press/2015/0911_02.html

Notes:
1. The selected candidate project received high scores from the external third-party committee from the viewpoint of their feasibility in utilizing Japan's technology and products, feasibility of business development, level of strategic importance, and other criteria.
2. The selected candidate projects will be confirmed as the adopted projects after the conclusion of a contracting agreement.

Release date

September 25, 2015

Division in charge

Global Environmental Partnership Office, Industrial Science and Technology Policy and Environment Bureau

Related Information

Global Warming Countermeasures

Ministry of Economy, Trade and Industry
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