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A Joint Crediting Mechanism (JCM) Project Has Been Registered in Viet Nam! Low-Carbon Hotel Promotion Project

On May 15, procedures were completed for the registration of the Low-Carbon Hotel Promotion Project in Viet Nam – a JCM signatory country – as a JCM project. This will be the second JCM-registered pilot project to be undertaken by the Ministry of Economy, Trade and Industry (METI) and NEDO.

METI will continue to develop JCM projects in the future.

1. About the Project

The government is implementing the Joint Crediting Mechanism (JCM) in partnership with developing countries in an effort to combat climate change by actively promoting the spread of outstanding low-carbon technologies and products to developing countries.

This JCM pilot project by NEDO was adopted in 2013. Under the project, high-efficiency equipment (boilers, heat pumps, and LED lighting) and the Vietnam-Building Energy Management System (V-BEMS) which was developed to Vietnamese specifications, will be installed in large hotels in Hanoi and Ho Chi Minh City to test the technologies in order to make hotels more energy-efficient and optimize the operation of heating appliances. This project is expected to achieve 12% energy saving.

  • Country: The Socialist Republic of Viet Nam
  • Project name: Pilot Project to Promote Energy-efficient Hotels via the Development of V-BEMS
  • Project initiator: NEDO (outsourced to Hibiya Engineering, Ltd. and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.)
  • Reduction in GHG emissions: 294t-CO2/year (forecast)

2. Future plans

Going forward, METI will monitor the volume of CO2 emissions reduced and issue JCM credits in accordance with JCM rules. In order to promote understanding and further energy conservation, the use of the high-efficiency air conditioning, hot water supply, lighting equipment and heating appliances installed in this project and the use of V-BEMS in controlling their operation will all be visualized into graphical representations.

(Reference: The Joint Crediting Mechanism)
The Joint Crediting Mechanism offers a means of achieving Japan’s reduction targets by quantitatively evaluating Japan’s contribution to GHG emission reductions and removal through efforts to facilitate the spread of GHG reduction technologies, products, systems, services, and infrastructure to developing countries, as well as promoting associated measures. To date, Japan has signed JCM agreements with 16 countries: Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Laos, Viet Nam, Indonesia, Costa Rica, Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar, and Thailand.

For further details, see the Japanese language news release.

Release date

June 15, 2016

Division in Charge

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

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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