Introducing the International Cooperation Mechanism as a Means of Tackling Climate Change in Developing Countries

—Joint Crediting Mechanism (JCM) and City-to-city Cooperative Framework—

Abstract

The Joint Crediting Mechanism (JCM) has been established and promoted by Japan and its partner countries to address lessons learnt from CDM experiences. There is an expectation that this will be used by those operating in the private sector to develop and implement climate change mitigation projects. This new mechanism, JCM, aims to promote wide diffusion of advanced, environmentally sound low-carbon technologies in order to contribute to an overall mitigation of global emissions. In the hope of strengthening effective action against climate change issues, there are also plans for the promotion of countermeasures to be implemented in the urban areas of developing countries through application of JCM by private entities as well as city-to-city cooperation.