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  5. Japan and Kyrgyz Republic Sign a Memorandum of Cooperation Establishing a Joint Crediting Mechanism (JCM)

Japan and Kyrgyz Republic Sign a Memorandum of Cooperation Establishing a Joint Crediting Mechanism (JCM)

- Kyrgyz Republic becomes the 27th JCM partner country -

Japanese

July 6, 2023

Joint press release with the Ministries of the Environment and Foreign Affairs

Energy and Environment Policy

On July 6, 2023, Japan and the Kyrgyz Republic agreed to establish the Joint Crediting Mechanism (JCM), and Mr. Goda Hideki, Ambassador Extraordinary and Plenipotentiary of Japan to the Kyrgyz Republic, and Mr. Azamat Temirkulov, Deputy Minister, Ministry of Natural Resources, Ecology and Technical Supervision of the Kyrgyz Republic, signed a Memorandum of Cooperation (MoC) for this agreement. The Kyrgyz Republic is now the 27th JCM partner country.

Moving forward, Japan and the Kyrgyz Republic will further bolster their cooperation on the environment and energy through this JCM.

On July 6, 2023, Mr. Goda Hideki, Ambassador Extraordinary and Plenipotentiary of Japan to the Kyrgyz Republic, and Mr. Azamat Temirkulov, Deputy Minister, Ministry of Natural Resources, Ecology and Technical Supervision of the Kyrgyz Republic, signed a Memorandum of Cooperation (MoC) to establish the JCM.

The JCM contributes to developing countries' sustainable development through diffusion of leading decarbonization technologies and implementation of mitigation actions within them. They also appropriately evaluate contributions from Japan to greenhouse gas emission reductions or removals in a quantitative manner, and use them to achieve its NDC (nationally determined contribution). Japan is accelerating consultations with relevant countries, aiming to increase the JCM partner countries up to around 30 by 2025. Thanks to this MoC, there are now 27 JCM partner countries.*

*The existing 26 JCM partner countries: Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Viet Nam, Lao PRD, Indonesia, Costa Rica, Palau, Cambodia, Mexico, Saudi Arabia, Chile, Myanmar, Thailand, the Philippines, Senegal, Tunisia, Azerbaijan, Moldova, Georgia, Sri Lanka, Uzbekistan, Papua New Guinea, and the UAE. The Kyrgyz Republic is the 27th.

Through this JCM with the Kyrgyz Republic, Japan will start projects to reduce greenhouse gas emissions within the Kyrgyz Republic and contribute to both countries achieving their NDCs. The JCM is implemented as a market mechanism—detailed in Article 6 of the Paris Agreement—and contributes to worldwide decarbonization efforts by encouraging countries around the world to reduce and remove greenhouse gas emissions and develop sustainably.

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Division in Charge

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

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