[Invitation] Webinar for the Joint Crediting Mechanism (JCM) utilization in the Independent State of Papua New Guinea

The Ministry of the Environment, Government of Japan intends to organize a webinar to introduce the JCM to stakeholders in the Independent State of Papua New Guinea.

At the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26) held in Glasgow (the United Kingdom) in 2021, the general framework of the Paris Agreement Article 6 was agreed upon. With the market mechanism being applied it was expected that greenhouse gas emissions would decrease worldwide. The government of Japan, pioneering the implementation of the Joint Crediting Mechanism (JCM)* based on the Paris Agreement Article 6, will contribute to a global decarbonization toward net zero emissions by increasing JCM partner countries. As a part of this approach, the Ministry of the Environment, Government of Japan uses the JCM Financing Programme and JFJCM for further diffusion of the decarbonization or low-carbon technologies widely applied in the JCM partner countries including other island countries.

The webinar will be participated by government officials and related private entities in Papua New Guinea, and it aims at exploring challenges and needs in climate change mitigation measures in Papua New Guinea and sharing an overview and outputs of the JCM to promote further expansion of JCM.

Overview of Webinar

Date and Time : Wednesday, January 31, 2024 at 10:00 a.m. (PNG time) 10:00 - 11:40 (GMT +10), 9:00 – 10:40 (GMT+9/JST)

Venue : Webinar via Zoom. Prior registration is required.

Organizers : Ministry of the Environment, Government of Japan, and Climate Change and Development Authority, Papua New Guinea

Secretariat : PACIFIC CONSULTANTS CO., LTD.

Language : English

 

◆Registration for Webinar (Free of charge)

 

*Please introduce the webinar to those who are interested in implementing greenhouse gas emission reduction projects in Papua New Guinea.

 

Program

*Webinar Program may be subject to change.

AGENDA
Moderator: PACIFIC CONSULTANTS CO., LTD.
Time	Contents	Speaker
5 min	Opening Remarks	Mr. Hidetomo Tanaka, Second Secretary Embassy of Japan in Papua New Guinea
5 min	Opening Remarks	Mr. William Lakain, The Acting Manager, Climate Change and Development Authority, Papua New Guinea
Part I: Information sharing on JCM implementation in the Independent State of Papua New Guinea
10 min	Landscape of Carbon Market Space in Papua New Guinea -in the Context of JCM-	Ms. Gwen Sissiou, General Manager for REDD+ and Mitigation Division, Climate Change and Development Authority, Papua New Guinea
10 min	Recent Development of the Joint Crediting Mechanism (JCM)	Mr. Goshi Takeshita, Researcher, Office of Director for International Cooperation for Transition to Decarbonization and Sustainable Infrastructure, Global Environmental Bureau, MOE, Japan
15 min	Financing Programme for JCM Model Projects and JCM Global Match	Ms. Masami Ishihara, Senior Manager, Financing Programme Group, Tokyo Office, Global Environment Centre Foundation (GEC)
5 min	JCM Support Programme by JFJCM	Mr. Tatsuya Yanase, Environment and Climate Change Specialist / JFJCM Fund Manager, Climate Change, Resilience, and Environment Cluster, Climate Change and Sustainable Development Department, Asian Development Bank (ADB)
Part II: Experience sharing on JCM project formation and implementation
15 min	Potential JCM projects in Papua New Guinea	Mr. Hideki Noda, Senior Manager, Overseas Business Development Division, Sharp Energy Solutions Corporation
15 min	Key Points for Utilizing Financing Programme for JCM Model Project	Mr. Satoru Tango, Principal Consultant, Project Management and Engineering Dept., Global Company, Pacific Consultants Co., Ltd.
15 min	Q & A Session	―
5 min	Closing Remarks	Mr. Kentaro Takahashi, Assistant Director, Office of Director for International Cooperation for Transition to Decarbonization and Sustainable Infrastructure, Global Environmental Bureau, MOE, Japan

 

NOTE:

• * The agenda will be subject to change as the result of internal and external consultations.
• * The secretariat is unable to disclose contact details of participants due to information security.
• * For registration, please submit your information including your name, your organization and title, phone number, and any question/request concerning JCM financing scheme on the designated online platform.
• * The secretariat would accept requests for business matching with Japanese entities. Kindly indicate the request. Please click ‘yes’ on the business matching request in no.7 of the registration form.
• * Deadline for registration: 9:00, January 31st, 2024.

 

Introduction of “JCM Global Match”

JCM also provides an online business matching platform “JCM Global Match”. Companies offering low-carbon and decarbonizing technologies (sellers), companies in JCM partner countries implementing such technologies (buyers), consulting firms with knowledges about JCM projects and financial institutions are encouraged to register and find potential business partners through JCM Global Match.

 

*JCM (Joint Crediting Mechanism) is a bilateral cooperation mechanism that developing countries and Japan collaborate on GHG emission reductions projects while also contribute to Japan’s reduction target. The role of carbon market mechanism include JCM was stated under the Article 6 of the Paris Agreement. For further information, please refer to the official website of JCM here.