[Result] Webinar for the Joint Crediting Mechanism (JCM) utilization in Africa (15 September 2022)

2022.10.03

Ministry of the Environment, Japan organized “Webinar for the Joint Crediting Mechanism (JCM)* in Africa” on Thursday, September 15, 2022. This webinar was held as an official side event of the 8th Tokyo International Conference on African Development (TICAD8)** on 27 and 28 August 2022 in Tunisia. This webinar received more than 190 applications from Africa, Japan, etc.

In the webinar, the opening remarks was provided by Her Excellency Miki Yamada, State Minister of the Environment, Japan, then Ministry of Foreign Affairs, Japan shared the overview of the TICAD8 and explained Japan’s climate policy, and Ministry of the Environment, Japan, explained recent development of the JCM. Global Environment Centre Foundation (GEC), the Ministry of Economy, Trade and Industry, Japan, and the United Nations Industrial Development Organization (UNIDO) then introduced the Japan’s support for the JCM partner countries. In addition, PACIFIC CONSULTANTS CO., LTD. presented the challenges of structuring JCM projects in Africa. Afterwards, a lively Q&A session was held to discuss the expansion and utilization of JCM in Africa.

From the results of the questionnaire, many respondents were generally satisfied with the content of the webinar and gained a better understanding of the Japan’s support for the JCM partner countries. Some comments that they would like more time for each speaker's presentation, and that they would like to see such webinars held more frequently are received. Organizer will consider these comments for future improvement. Please refer to the movie below for questions and answers with participants.

Results of the JCM webinar is expected to foster understandings for JCM in Africa and to lead to development of a future JCM project as new JCM partner countries.

1.Overview of Webinar

Date and Time:Thursday, 15 September 2022, 9:00AM-10:30AM (CET/UTC+1), 5:00PM-6:30PM (JST/UTC+9)
Venue:Zoom
Organizer:Ministry of the Environment, Japan (MOEJ)
Secretariat:PACIFIC CONSULTANTS CO., LTD.
Language:English

2.Program

Time Contnets Speaker
5 min Opening Remarks
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Ms. Miki Yamada, State Minister of the Environment, Japan
10 min Overview of TICAD8 and Japan‘s Climate Policy
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Dr. Yuji Mizuno, Senior Negotiator for Climate Change, Climate Change Division, Ministry of Foreign Affairs, Japan
10 min Recent Development of the Joint Crediting Mechanism (JCM)
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Mr. Takayuki Shigematsu, Planning Officer for the JCM, Office of Director for International Cooperation for Transition to Decarbonization and Sustainable Infrastructure, Ministry of the Environment, Japan (MOEJ)
15 min Financing Programme for JCM Model Projects by Ministry of the Environment, Government of Japan
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Mr. Hiroshi Takahashi, Director, Financing Programme Group, Tokyo Office, Global Environment Centre Foundation (GEC)
5 min JCM Finance Programme by Ministry of Economy, Trade and Industry of Japan
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Mr. Kohei Mizuno, Deputy Director, Global Environmental Affairs Office, Ministry of Economy, Trade and Industry, Japan
5 min JCM support programme by UNIDO
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Mr. Kazumasa Nagamori, Project Manager, Climate Technology and Innovation Division, Department of Energy, United Nations Industrial Development Organization (UNIDO)
10 min Cases of JCM Project and Key Points for Utilizing Financing Programme for JCM Model Project in Africa
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Ms. Noriko Ishibashi, Chief Researcher, Project Management and Engineering Department, Global Company, PACIFIC CONSULTANTS CO., LTD.
15 min Q & A Session
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5 min Closing
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Mr. Takayuki Shigematsu, MOEJ

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.

** TICAD stands for Tokyo International Conference on African Development. The Government of Japan has been leading this conference since 1993, co-hosted by United Nations, United Nations Development Programme (UNDP), World Bank and African Union Commission (AUC).

Contact

PACIFIC CONSULTANTS CO., LTD. (Secretariat of the JCM Webinar)

Email:JCM_pckk@tk.pacific.co.jp